Hertz Global (NYSE:HTZ) Reaches New 1-Year Low at $6.13

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $6.13 and last traded at $6.13, with a volume of 750384 shares changing hands. The stock had previously closed at $6.39.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Hertz Global from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th.

Hertz Global Price Performance

The firm has a market capitalization of $1.82 billion, a P/E ratio of 7.19 and a beta of 1.99. The company’s 50-day simple moving average is $7.45 and its two-hundred day simple moving average is $8.80.

Hertz Global (NYSE:HTZ) last released its quarterly earnings results on Tuesday, February 6th. The company reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($1.02) by ($0.34). The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.15 billion.

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.