Hertz Global (NYSE:HTZ) Shares Gap Up to $4.47

Hertz Global Holdings, Inc. (NYSE:HTZ) gapped up prior to trading on Thursday . The stock had previously closed at $4.47, but opened at $4.87. Hertz Global shares last traded at $4.88, with a volume of 2,581,299 shares changing hands.

Analyst Ratings Changes

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

Hertz Global Stock Down 3.2 %

The stock has a 50-day moving average of $6.92 and a 200 day moving average of $8.29. The stock has a market cap of $1.48 billion, a PE ratio of -12.41 and a beta of 1.99.

Hertz Global (NYSE:HTZ) last issued its earnings results on Tuesday, February 6th. The company reported ($1.36) EPS for the quarter, missing analysts’ consensus estimates of ($1.02) by ($0.34). The company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations 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.