Zacks Research upgraded shares of Localiza Rent a Car (OTCMKTS:LZRFY – Free Report) to a hold rating in a research report report published on Thursday morning,Zacks.com reports.
Localiza Rent a Car Trading Down 2.1%
Localiza Rent a Car stock opened at $9.78 on Thursday. Localiza Rent a Car has a 12-month low of $5.98 and a 12-month high of $11.76. The business’s 50-day moving average price is $9.47 and its two-hundred day moving average price is $8.56.
About Localiza Rent a Car
Localiza Rent a Car (OTCMKTS:LZRFY) is a leading mobility solutions provider headquartered in Belo Horizonte, Brazil. Founded in 1973, the company has built a strong reputation in the car rental industry, offering a broad range of services to both leisure and corporate customers. Over the decades, Localiza has expanded its footprint to become one of Latin America’s largest car rental and fleet management operators.
The company’s core activities include short- and long-term vehicle rentals, fleet management services and the sale of used vehicles.
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