Hertz Global (NYSE:HTZ) Reaches New 1-Year Low at $6.13

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

Wall Street Analysts Forecast Growth

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

Hertz Global Stock Performance

The firm has a fifty day moving average price of $7.45 and a 200 day moving average price of $8.80. The stock has a market cap of $1.82 billion, a PE ratio of 7.19 and a beta of 1.99.

Hertz Global (NYSE:HTZ) last issued its quarterly earnings data on Tuesday, February 6th. The company reported ($1.36) EPS for the quarter, missing the consensus estimate of ($1.02) by ($0.34). The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.15 billion.

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.