Hertz Global (NYSE:HTZ) Hits New 52-Week Low at $6.13

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) hit a new 52-week low during trading on Thursday . The stock traded as low as $6.13 and last traded at $6.13, with a volume of 750384 shares trading hands. The stock had previously closed at $6.39.

Analyst Ratings Changes

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

Hertz Global Stock Down 3.8 %

The business has a 50 day moving average price of $7.55 and a two-hundred day moving average price of $8.91. The stock has a market cap of $1.88 billion, a P/E ratio of 7.70 and a beta of 1.99.

Hertz Global (NYSE:HTZ) last posted its quarterly earnings results on Tuesday, February 6th. The company reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($1.02) by ($0.34). The business had revenue of $2.18 billion during the quarter, compared to analyst estimates 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.