Hertz Global (NYSE:HTZ) Shares Down 4.1%

Hertz Global Holdings, Inc. (NYSE:HTZ) shares fell 4.1% during trading on Friday . The stock traded as low as $4.42 and last traded at $4.49. 8,043,492 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 5,704,883 shares. The stock had previously closed at $4.68.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Hertz Global from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th.

Hertz Global Stock Down 5.6 %

The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 5.46 and a beta of 1.99. The company has a 50-day moving average price of $7.25 and a 200 day moving average price of $8.57.

Hertz Global (NYSE:HTZ) last announced its quarterly earnings data on Tuesday, February 6th. The company reported ($1.36) EPS for the quarter, missing analysts’ consensus estimates of ($1.02) by ($0.34). The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.15 billion.

Hertz Global Company Profile

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.