Hertz Global (NYSE:HTZ) Shares Gap Down – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZ)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.26, but opened at $3.65. Hertz Global shares last traded at $4.03, with a volume of 3,074,352 shares.

Analyst Ratings Changes

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

Hertz Global Stock Down 10.7 %

The stock has a 50 day moving average of $4.00 and a 200 day moving average of $3.63. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -0.43 and a beta of 2.46.

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.