Hertz Global (NYSE:HTZ) Trading Up 8.8% – Time to Buy?

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price was up 8.8% during trading on Monday . The company traded as high as $4.44 and last traded at $4.43. Approximately 1,031,369 shares changed hands during trading, a decline of 84% from the average daily volume of 6,501,332 shares. The stock had previously closed at $4.07.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hertz Global to a “sell” rating in a research report on Tuesday, November 19th.

Hertz Global Price Performance

The firm has a 50-day moving average price of $3.36 and a two-hundred day moving average price of $3.63. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of -0.51 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.