Hertz Global (NYSE:HTZ) Shares Down 4.5% – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZ) shares fell 4.5% on Monday . The stock traded as low as $4.69 and last traded at $4.70. 2,859,880 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 6,535,039 shares. The stock had previously closed at $4.92.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Hertz Global to a “sell” rating in a report on Thursday.

Hertz Global Price Performance

The company has a market cap of $1.41 billion, a P/E ratio of -0.55 and a beta of 2.03. The stock has a fifty day moving average price of $3.43 and a two-hundred day moving average price of $3.61.

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.