Hertz Global (NYSE:HTZ) Shares Down 3% – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZ) shares were down 3% during mid-day trading on Tuesday . The stock traded as low as $6.51 and last traded at $6.51. Approximately 495,157 shares traded hands during trading, a decline of 95% from the average daily volume of 9,023,275 shares. The stock had previously closed at $6.71.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Hertz Global to a “sell” rating in a research report on Thursday, May 1st.

Hertz Global Trading Down 2.0%

The company has a market cap of $2.03 billion, a PE ratio of -0.65 and a beta of 2.26. The business has a fifty day simple moving average of $5.36 and a two-hundred day simple moving average of $4.49.

Hertz Global Company Profile

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.