Hertz Global Holdings Inc (HTZ) stock is higher by 79.61% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With HTZ Stock Today?
Hertz Global Holdings Inc (HTZ) stock is up 14.95% while the S&P 500 has fallen -1.63% as of 11:30 AM on Thursday, Oct 22. HTZ has risen $0.24 from the previous closing price of $1.61 on volume of 32,886,588 shares. Over the past year the S&P 500 is higher by 14.38% while HTZ has fallen -87.29%. HTZ lost -$7.97 per share in the over the last 12 months.
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More About Hertz Global Holdings Inc
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees. The highest segment by revenue is the U.S. car rental unit.
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