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

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) gapped down before the market opened on Tuesday . The stock had previously closed at $3.37, but opened at $3.00. Hertz Global shares last traded at $3.11, with a volume of 3,363,288 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hertz Global to a “sell” rating in a research report on Thursday, October 10th.

Hertz Global Price Performance

The stock has a 50-day moving average of $3.12 and a 200-day moving average of $3.69. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -0.82 and a beta of 2.03.

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.