Hertz Global (NYSE:HTZ) Trading Down 4.1%

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price was down 4.1% during mid-day trading on Friday . The company traded as low as $4.42 and last traded at $4.49. Approximately 8,043,492 shares traded hands during trading, an increase of 41% from the average daily volume of 5,704,883 shares. The stock had previously closed at $4.68.

Wall Street Analysts Forecast Growth

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

Hertz Global Trading Down 5.6 %

The firm has a fifty day moving average price of $7.18 and a 200 day moving average price of $8.50. The firm has a market cap of $1.35 billion, a PE ratio of 5.33 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) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.02) by ($0.34). The company had revenue of $2.18 billion for 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.