Hertz Global (NYSE:HTZ) Shares Gap Down to $7.63

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $7.63, but opened at $7.27. Hertz Global shares last traded at $7.18, with a volume of 1,264,656 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Hertz Global from a "hold" rating to a "sell" rating in a research report on Wednesday, February 7th.

Read Our Latest Stock Report on Hertz Global

Hertz Global Price Performance

The company has a market capitalization of $2.21 billion, a P/E ratio of 8.73 and a beta of 1.99. The business has a 50-day moving average of $7.83 and a 200-day moving average of $9.64.

Hertz Global (NYSE:HTZ - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The company reported ($1.36) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.02) by ($0.34). The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.15 billion.

About Hertz Global

(Get Free Report)

Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.

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