Where Will Hertz Global Holdings Inc (HTZ) Stock Go Next After It Is Higher By 10.19% in a Week?

Overall market sentiment has been high on Hertz Global Holdings Inc (HTZ) stock lately. HTZ receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Hertz Global Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HTZ!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HTZ Stock Today?

Hertz Global Holdings Inc (HTZ) stock is trading at $20.33 as of 11:19 AM on Monday, Mar 6, a gain of $1.56, or 8.31% from the previous closing price of $18.77. The stock has traded between $19.40 and $20.36 so far today. Volume today is 3,279,693 compared to average volume of 2,814,786.

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. Click Here to get the full Stock Report for Hertz Global Holdings Inc stock.