Hertz Global (NYSE:HTZ) Shares Up 5.1%

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) shares were up 5.1% during trading on Tuesday . The company traded as high as $7.78 and last traded at $7.77. Approximately 4,295,404 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 5,195,239 shares. The stock had previously closed at $7.39.

Analyst Upgrades and Downgrades

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

Hertz Global Price Performance

The stock has a market cap of $2.38 billion, a PE ratio of 9.40 and a beta of 1.99. The business has a fifty day moving average of $7.77 and a 200 day moving average of $9.48.

Hertz Global (NYSE:HTZ - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The company reported ($1.36) 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 analysts' expectations of $2.15 billion.

About Hertz Global

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.