Hertz Global (NYSE:HTZ) Trading Down 6.6% – Should You Sell?

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price was down 6.6% on Thursday . The stock traded as low as $2.85 and last traded at $2.85. Approximately 1,236,720 shares were traded during trading, a decline of 81% from the average daily volume of 6,422,672 shares. The stock had previously closed at $3.05.

Analyst Ratings Changes

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

Hertz Global Stock Performance

The firm has a market capitalization of $855.15 million, a price-to-earnings ratio of -0.76 and a beta of 2.02. The company has a fifty day moving average of $3.13 and a two-hundred day moving average of $3.83.

Hertz Global (NYSE:HTZ) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) earnings per share for the quarter, missing the consensus estimate of ($1.21) by ($0.23). The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.48 billion.

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.