Hertz Global (NYSE:HTZ) Stock Price Down 8.5% – What’s Next?

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

Wall Street Analysts Forecast Growth

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

Hertz Global Trading Up 13.4 %

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