Hertz Global (NYSE:HTZ) Shares Gap Down to $5.90

Hertz Global Holdings, Inc. (NYSE:HTZ) shares gapped down before the market opened on Tuesday . The stock had previously closed at $5.90, but opened at $5.65. Hertz Global shares last traded at $5.63, with a volume of 2,156,557 shares changing hands.

Wall Street Analyst Weigh In

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

Hertz Global Stock Performance

The company’s fifty day moving average is $7.31 and its two-hundred day moving average is $8.59. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 6.99 and a beta of 1.99.

Hertz Global (NYSE:HTZ) last issued 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 company had revenue of $2.18 billion for the quarter, compared to the consensus estimate 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.