Hertz Global (NYSE:HTZ) Stock Price Up 6.6%

Hertz Global Holdings, Inc. (NYSE:HTZ) was up 6.6% during trading on Monday . The stock traded as high as $5.21 and last traded at $5.16. Approximately 5,609,761 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 6,116,102 shares. The stock had previously closed at $4.84.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Hertz Global from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th.

Hertz Global Stock Performance

The business’s 50 day moving average price is $6.75 and its two-hundred day moving average price is $8.15. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -12.41 and a beta of 2.16.

Hertz Global (NYSE:HTZ) last issued its quarterly earnings results on Thursday, April 25th. The company reported ($1.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.83). The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.02 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.