Avis Budget Group (CAR) : During the past 4 weeks, traders have been relatively bearish on Avis Budget Group (CAR), hence the stock is down -2.74% 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 -3.12% relative to the S&P 500. The 4-week change in the price of the stock is -2.94% and the stock has fallen -3.75% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.5% and the fifty day Moving Average is 1.16%. Avis Budget Group, Inc. is up 23.83% in the last three month period. Year-to-Date the stock performance stands at -1.76%.
Avis Budget Group (CAR) : Currently there are 5 street experts covering Avis Budget Group (CAR) stock. The most bullish and bearish price target for the stock is $46 and $20 respectively for the short term. The average price target of all the analysts comes to $36.4. The estimated standard deviation from the target is $10.6.
Avis Budget Group (NASDAQ:CAR): stock turned positive on Friday. Though the stock opened at $35.71, the bulls momentum made the stock top out at $36.44 level for the day. The stock recorded a low of $35.34 and closed the trading day at $35.65, in the green by 0.65%. The total traded volume for the day was 1,506,362. The stock had closed at $35.42 in the previous days trading.
Avis Budget Group Inc. is a provider of vehicle rental and car sharing services. The Company operates three brands, which include Avis, Budget and Zipcar. Avis is a rental car supplier and Budget is a rental vehicle supplier. The Company also own Payless, a car rental brand and Apex, which is a car rental brand in New Zealand and Australia. The Company operates in three segments: North America, International and Truck Rental. North America segment provides car rentals in the United States and vehicle rentals in Canada, as well as ancillary products and services. International segment provides and licenses the Companys brands to third parties for vehicle rentals and ancillary products in Europe, the Middle East, Africa, Asia, South America, Central America, the Caribbean, Australia and New Zealand. Truck Rental segment provides truck rentals and ancillary products and services to consumers and commercial users in the United States.