Hertz Global (NYSE:HTZ) Trading Up 4.8% – Time to Buy?

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price shot up 4.8% during mid-day trading on Tuesday . The company traded as high as $3.83 and last traded at $3.71. 1,005,352 shares traded hands during trading, a decline of 84% from the average session volume of 6,425,813 shares. The stock had previously closed at $3.54.

Analysts Set New Price Targets

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

Hertz Global Stock Up 3.4 %

The firm has a market capitalization of $1.12 billion, a PE ratio of -0.41 and a beta of 2.39. The company has a 50-day moving average of $3.79 and a 200 day moving average of $3.55.

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.