Hertz Global (NYSE:HTZ) Lifted to “Sell” at StockNews.com

StockNews.com upgraded shares of Hertz Global (NYSE:HTZFree Report) to a sell rating in a research report sent to investors on Thursday.

Hertz Global Stock Performance

Shares of Hertz Global stock opened at $3.07 on Thursday. The business’s 50 day simple moving average is $3.27 and its 200 day simple moving average is $4.27. Hertz Global has a 52-week low of $2.47 and a 52-week high of $11.60. The firm has a market cap of $938.85 million, a PE ratio of -7.87 and a beta of 2.02.

Hertz Global (NYSE:HTZGet Free Report) last announced its earnings results on Thursday, August 1st. The company reported ($1.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.21) by ($0.23). The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.48 billion.

Hertz Global Company Profile

(Get Free Report)

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.

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