2. As of noon trading, Avis Budget Group ( CAR) is up $1.67 (7.2%) to $24.73 on heavy volume Thus far, 2.5 million shares of Avis Budget Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $22.00-$24.90 after having opened the day at $22.20 as compared to the previous trading day's close of $23.06.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, and ancillary services to businesses and consumers worldwide. Avis Budget Group has a market cap of $2.5 billion and is part of the services sector. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Avis Budget Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Avis Budget Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Avis Budget Group Ratings Report now.

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