Hertz Global (NYSE:HTZ) Stock Price Up 3.1% – Here’s Why

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) were up 3.1% during trading on Friday . The stock traded as high as $3.47 and last traded at $3.46. Approximately 3,835,211 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 6,297,717 shares. The stock had previously closed at $3.35.

Wall Street Analyst Weigh In

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

Hertz Global Price Performance

The stock’s fifty day moving average price is $4.06 and its 200 day moving average price is $3.73. The stock has a market capitalization of $1.06 billion, a P/E ratio of -0.37 and a beta of 2.44.

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.