Hertz Global Holdings Inc (HTZ) Shares are Down -13.63%

Hertz Global Holdings Inc (HTZ) : During the past 4 weeks, traders have been relatively bearish on Hertz Global Holdings Inc (HTZ), hence the stock is down -18.58% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -13.78% relative to the S&P 500. The 4-week change in the price of the stock is -19.02% and the stock has fallen -13.63% in the past 1 week.

The stock has recorded a 20-day Moving Average of 15.13% and the 50-Day Moving Average is 16.9%.The 200 Day SMA reached 16.85%


Hertz Global Holdings Inc (NYSE:HTZ): After opening at $38.89, the stock dipped to an intraday low of $38.43 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.54 and the buying power remained strong till the end. The stock closed at $40.16 for the day, a gain of 3.51% for the day session. The total traded volume was 1,797,623. The stocks close on the previous trading day was $40.16.

Hertz Global Holdings Inc (HTZ) : The most positive equity analysts on Hertz Global Holdings Inc (HTZ) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $58 with an expected fluctuation of $4.69 from the mean.

Hertz Global Holdings, Inc. is a holding company. The Company operates car rental business through its Hertz, Dollar, Thrifty and Firefly brands. The Companys operating segments are U.S. Car Rental, International Car Rental, Worldwide Equipment Rental and All Other Operations. As of December 31, 2014, the Company operated 10,880 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Its brands maintain separate airport counters, reservations and reservation systems, marketing and all other customer contact activities. Its Hertz brand has approximately 9,395 corporate and franchisee locations in 145 countries. Its Dollar and Thrifty brands combined have approximately 1,380 corporate and franchisee locations in 77 countries and Firefly brand has approximately 105 corporate and franchisee locations in 12 countries. Its equipment rental business is operated through the Hertz Equipment Rental brand.

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