Hertz Global (NYSE:HTZ) Sets New 52-Week Low at $4.35

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $4.35 and last traded at $4.44, with a volume of 7615946 shares. The stock had previously closed at $5.80.

Analysts Set New Price Targets

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

Hertz Global Price Performance

The firm has a market capitalization of $1.42 billion, a P/E ratio of 5.71 and a beta of 1.99. The stock has a fifty day simple moving average of $7.31 and a two-hundred day simple moving average of $8.59.

Hertz Global (NYSE:HTZ) last issued its earnings results 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 analyst estimates 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.