Hertz Global (NYSE:HTZ) Trading 8.1% Higher – Here’s What Happened

Hertz Global Holdings, Inc. (NYSE:HTZ) rose 8.1% on Monday . The company traded as high as $4.14 and last traded at $4.14. Approximately 2,367,652 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 2,846,461 shares. The stock had previously closed at $3.83.

Wall Street Analyst Weigh In

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

Hertz Global Price Performance

The business’s fifty day moving average is $3.81 and its 200-day moving average is $3.57. The firm has a market cap of $1.23 billion, a PE ratio of -0.45 and a beta of 2.44.

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.