Hertz Global (NYSE:HTZ) Stock Price Up 3.1% – Here’s Why

Hertz Global Holdings, Inc. (NYSE:HTZ) rose 3.1% during mid-day trading on Friday . The stock traded as high as $3.47 and last traded at $3.46. Approximately 3,835,211 shares were traded during trading, a decline of 39% from the average daily volume of 6,297,717 shares. The stock had previously closed at $3.35.

Analyst Upgrades and Downgrades

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

Hertz Global Trading Up 3.3 %

The stock’s fifty day moving average is $4.06 and its two-hundred day moving average is $3.73. The firm has a market cap of $1.06 billion, a P/E ratio of -0.37 and a beta of 2.44.

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.