Hertz Global (NYSE:HTZ) Stock Price Up 8.2% – Should You Buy?

Hertz Global Holdings, Inc. (NYSE:HTZ) shares traded up 8.2% during trading on Wednesday . The company traded as high as $4.10 and last traded at $3.96. 2,785,711 shares were traded during trading, a decline of 57% from the average session volume of 6,425,168 shares. The stock had previously closed at $3.66.

Analysts Set New Price Targets

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

Hertz Global Price Performance

The stock has a 50-day simple moving average of $3.15 and a 200-day simple moving average of $3.68. The stock has a market cap of $1.26 billion, a PE ratio of -1.13 and a beta of 2.03.

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.