Hertz Global (NYSE:HTZ) Stock Price Down 4.8%

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s stock price was down 4.8% on Tuesday . The stock traded as low as $6.56 and last traded at $6.57. Approximately 843,304 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 5,175,039 shares. The stock had previously closed at $6.90.

Analysts Set New Price Targets

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

Hertz Global Trading Down 4.8 %

The company has a market capitalization of $2.01 billion, a PE ratio of 7.98 and a beta of 1.99. The stock has a fifty day moving average of $7.65 and a two-hundred day moving average of $9.08.

Hertz Global (NYSE:HTZ - Get Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The company reported ($1.36) earnings per share 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.

Hertz Global Company Profile

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.