Hertz Global (NYSE:HTZ) Upgraded to Sell at StockNews.com

Hertz Global (NYSE:HTZ) was upgraded by equities research analysts at StockNews.com to a “sell” rating in a note issued to investors on Tuesday.

Hertz Global Stock Performance

HTZ stock traded down $0.16 during midday trading on Tuesday, reaching $4.00. The company’s stock had a trading volume of 6,748,884 shares, compared to its average volume of 6,514,562. The stock has a fifty day simple moving average of $3.23 and a two-hundred day simple moving average of $3.66. Hertz Global has a 1 year low of $2.47 and a 1 year high of $10.82. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -0.45 and a beta of 2.03.

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.