Hertz Global (NYSE:HTZ) Shares Down 8.5% – Should You Sell?

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) were down 8.5% on Thursday . The company traded as low as $3.53 and last traded at $3.49. Approximately 4,230,686 shares changed hands during trading, a decline of 31% from the average daily volume of 6,153,554 shares. The stock had previously closed at $3.81.

Wall Street Analysts Forecast Growth

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

Hertz Global Trading Down 11.9 %

The firm has a market cap of $1.03 billion, a PE ratio of -0.36 and a beta of 2.44. The stock has a fifty day simple moving average of $4.11 and a two-hundred day simple moving average of $3.71.

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.