Hertz Global (NYSE:HTZ) Shares Down 5.2% – Here’s What Happened

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) traded down 5.2% during trading on Monday . The stock traded as low as $3.95 and last traded at $4.00. 798,227 shares were traded during mid-day trading, a decline of 88% from the average session volume of 6,463,000 shares. The stock had previously closed at $4.22.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hertz Global to a “sell” rating in a research report on Thursday, November 28th.

Hertz Global Stock Performance

The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -0.41 and a beta of 2.39. The business’s 50-day moving average is $3.69 and its 200-day moving average is $3.57.

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.