Hertz Global Holdings Inc (HTZ): Today's Featured Diversified Services Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Hertz Global Holdings (HTZ) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Hertz Global Holdings fell 18 cents (-1.3%) to $13.73 on light volume. Throughout the day, four million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 6.2 million shares. The stock ranged in price between $13.50-$13.85 after having opened the day at $13.82 as compared to the previous trading day's close of $13.91. Other companies within the Diversified Services industry that declined today were: ENGlobal Corporation (ENG), down 11.5%, China HGS Real Estate (HGSH), down 10.3%, Research Frontiers (REFR), down 9%, and Innovaro (INV), down 8.8%.
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