Hertz Global (NYSE:HTZ) Trading Up 9.1% – Here’s What Happened

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price shot up 9.1% on Friday . The stock traded as high as $3.68 and last traded at $3.68. 2,487,014 shares changed hands during trading, a decline of 44% from the average session volume of 4,414,818 shares. The stock had previously closed at $3.37.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hertz Global to a “sell” rating in a research note on Thursday, November 28th.

Hertz Global Price Performance

The firm’s fifty day moving average is $4.10 and its 200 day moving average is $3.71. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -0.41 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.