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

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $3.37, but opened at $3.00. Hertz Global shares last traded at $3.11, with a volume of 3,363,288 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Hertz Global to a “sell” rating in a research report on Thursday, October 10th.

Hertz Global Price Performance

The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of -1.02 and a beta of 2.03. The firm’s 50-day simple moving average is $3.13 and its two-hundred day simple moving average is $3.68.

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.