Hertz Global (NYSE:HTZ) Trading Up 11% – Here’s Why

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price traded up 11% during mid-day trading on Wednesday . The stock traded as high as $4.03 and last traded at $4.03. 1,245,333 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 3,492,039 shares. The stock had previously closed at $3.63.

Analyst Ratings Changes

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

Hertz Global Stock Performance

The stock has a market capitalization of $1.24 billion, a PE ratio of -0.45 and a beta of 2.44. The stock has a 50-day moving average price of $3.98 and a two-hundred day moving average price of $3.58.

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.