Hertz Global Reaches New 52-Week High (HTZ)

NEW YORK ( TheStreet) -- Hertz Global Holdings (NYSE: HTZ) hit a new 52-week high Thursday as it is currently trading at $27.51, above its previous 52-week high of $27.49 with 262,900 shares traded as of 10 a.m. ET. Average volume has been 7.4 million shares over the past 30 days.

Hertz Global has a market cap of $10.59 billion and is part of the services sector and diversified services industry. Shares are up 67.6% year to date as of the close of trading on Wednesday.

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.

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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 revenue growth, impressive record of earnings per share growth, compelling growth in net income, 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.

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