Hertz Global (NYSE:HTZ) Trading Up 8.1% – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZ) shares shot up 8.1% during mid-day trading on Monday . The stock traded as high as $4.14 and last traded at $4.14. 2,367,652 shares changed hands during trading, a decline of 17% from the average session volume of 2,846,461 shares. The stock had previously closed at $3.83.

Wall Street Analyst Weigh In

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

Hertz Global Trading Down 2.2 %

The firm’s 50 day simple moving average is $3.86 and its 200 day simple moving average is $3.57. The firm has a market cap of $1.22 billion, a PE ratio of -0.45 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.