Hertz Global (NYSE:HTZ) Trading 1.9% Higher – Time to Buy?

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price traded up 1.9% during mid-day trading on Thursday . The company traded as high as $4.46 and last traded at $4.30. 2,457,302 shares changed hands during trading, a decline of 28% from the average session volume of 3,408,754 shares. The stock had previously closed at $4.22.

Wall Street Analysts Forecast Growth

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

Hertz Global Stock Performance

The company has a 50 day simple moving average of $4.01 and a two-hundred day simple moving average of $3.62. The firm has a market capitalization of $1.32 billion, a P/E ratio of -0.48 and a beta of 2.46.

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.