Hertz Global (NYSE:HTZ) Trading Down 5.5% – Time to Sell?

Hertz Global Holdings, Inc. (NYSE:HTZ) fell 5.5% during trading on Wednesday . The stock traded as low as $4.18 and last traded at $4.21. 1,506,246 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 3,370,205 shares. The stock had previously closed at $4.45.

Wall Street Analyst Weigh In

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

Hertz Global Stock Performance

The stock has a market capitalization of $1.32 billion, a P/E ratio of -0.48 and a beta of 2.46. The stock has a 50 day moving average of $4.00 and a 200 day moving average of $3.62.

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.