NEW YORK (
) hit a new 52-week low Friday as it is currently trading at $9.73, below its previous 52-week low of $9.76 with 850,710 shares traded as of 2:25 p.m. ET. Average volume has been 2.2 million shares over the past 30 days.
Avis Budget Group has a market cap of $1.1 billion and is part of the
industry. Shares are down 35.2% year to date as of the close of trading on Thursday.
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, and ancillary services to businesses and consumers. The company has a P/E ratio of 9.3, below the average diversified services industry P/E ratio of 9.9 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Avis Budget Group as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management. You can view the full
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