Hertz Global (NYSE:HTZ) Trading 1.9% Higher – Here’s Why

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) shot up 1.9% during trading on Thursday . The company traded as high as $4.46 and last traded at $4.30. 2,457,302 shares traded 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 Analyst Weigh In

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

Hertz Global Stock Up 1.9 %

The stock has a market cap of $1.32 billion, a P/E ratio of -0.48 and a beta of 2.46. The firm has a 50 day moving average price of $4.03 and a 200 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.