Hertz Global (NYSE:HTZ) Stock Price Up 8.8% – Still a Buy?

Hertz Global Holdings, Inc. (NYSE:HTZ) was up 8.8% on Monday . The company traded as high as $4.44 and last traded at $4.43. Approximately 1,031,369 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 6,501,332 shares. The stock had previously closed at $4.07.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hertz Global to a “sell” rating in a research note on Tuesday, November 19th.

Hertz Global Trading Up 12.3 %

The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -0.50 and a beta of 2.03. The company has a 50 day moving average price of $3.32 and a 200 day moving average price of $3.64.

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.