Hertz Global Holdings (NYSE:HTZ) hit a new 52-week high Friday as it is currently trading at $17.14, above its previous 52-week high of $17.11 with 1.1 million shares traded as of 11:50 a.m. ET. Average volume has been 6.6 million shares over the past 30 days.
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. NEW YORK ( TheStreet) -- Hertz Global Holdings (NYSE: HTZ) hit a new 52-week high Friday as it is currently trading at $17.14, above its previous 52-week high of $17.11 with 1.1 million shares traded as of 11:50 a.m. ET. Average volume has been 6.6 million shares over the past 30 days. Hertz Global has a market cap of $7.07 billion and is part of the services sector and diversified services industry. Shares are up 3.3% year to date as of the close of trading on Thursday. Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. The company has a P/E ratio of 22.7, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Hertz Global as a buy. 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, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Hertz Global Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.