Hertz Global (NYSE:HTZ) Shares Gap Down – Here’s Why

Hertz Global Holdings, Inc. (NYSE:HTZ) gapped down before the market opened on Thursday . The stock had previously closed at $3.50, but opened at $3.41. Hertz Global shares last traded at $3.45, with a volume of 291,925 shares changing hands.

Analyst Upgrades and Downgrades

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

Hertz Global Stock Up 4.6 %

The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -0.41 and a beta of 2.39. The stock has a 50 day simple moving average of $3.73 and a 200 day simple moving average of $3.55.

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.