Hertz Global (NYSE:HTZ) Trading Down 3.6% – Here’s What Happened

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) fell 3.6% on Tuesday . The company traded as low as $3.94 and last traded at $4.01. 1,461,363 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 6,490,148 shares. The stock had previously closed at $4.16.

Analyst Upgrades and Downgrades

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

Hertz Global Stock Down 5.0 %

The stock has a 50-day moving average price of $3.23 and a 200 day moving average price of $3.66. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of -0.45 and a beta of 2.03.

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.