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 $4.07, but opened at $3.95. Hertz Global shares last traded at $3.84, with a volume of 843,083 shares changing hands.

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 Trading Down 7.5 %

The company’s fifty day simple moving average is $4.10 and its 200 day simple moving average is $3.71. The stock has a market capitalization of $1.16 billion, a P/E ratio of -0.40 and a beta of 2.44.

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.