Hertz Global (NYSE:HTZ) Stock Price Up 6.6%

Hertz Global Holdings, Inc. (NYSE:HTZ) traded up 6.6% during mid-day trading on Monday . The stock traded as high as $5.21 and last traded at $5.16. 5,609,761 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 6,116,102 shares. The stock had previously closed at $4.84.

Analysts Set New Price Targets

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

Hertz Global Price Performance

The stock’s 50-day moving average is $6.92 and its two-hundred day moving average is $8.25. The company has a market cap of $1.57 billion, a P/E ratio of -13.13 and a beta of 2.16.

Hertz Global (NYSE:HTZ) last released its quarterly earnings results on Thursday, April 25th. The company reported ($1.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.83). The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.02 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.