NEW YORK, January 17, 2017 /PRNewswire/ --
The Rental and Leasing Services industry includes establishments that provide a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. The segment includes two main types of establishments: those that are engaged in renting consumer goods and equipment, and those that are engaged in leasing machinery and equipment often used for business operations. Ahead of today's trading session, Stock-Callers.com dedicates its attention to the most recent performances of Hertz Global Holdings Inc. (NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), United Rentals Inc. (NYSE: URI), and Rent-A-Center Inc. (NASDAQ: RCII). Learn more about these stocks by accessing their free research reports at:
Estero, Florida-based Hertz Global Holdings Inc.'s shares finished Friday's session 0.82% lower at $21.88 with a total trading volume of 1.28 million shares. The stock has gained 1.48% on an YTD basis. The Company's shares are trading below their 50-day moving average by 13.18%. Moreover, shares of Hertz Global Holdings, which engages in the car rental business in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East, and New Zealand, have a Relative Strength Index (RSI) of 38.15.
On December 13th, 2016, Hertz Global Holdings announced that the Company's Boards of Directors and that of The Hertz Corp., have appointed Kathryn V. Marinello as President and CEO effective January 03rd, 2017. Hertz also announced that John Tague will retire as President and CEO of both Companies on January 02nd, 2017. Free research report on HTZ is available at:
Shares in Parsippany, New Jersey headquartered Avis Budget Group Inc. ended the day 0.97% higher at $36.48 with a total trading volume of 651,426 shares. The stock has advanced 15.59% in the previous three months. The Company's shares are trading 9.11% above their 200-day moving average. Moreover, shares of Avis Budget Group, which together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide, have an RSI of 45.56.
On January 11th, 2017, Avis Car Rental announced a limited-time promotion for members of Avis Preferred, the Company's express rental/loyalty program. Through January 31st, 2017, Avis Preferred members who rent in Florida will earn double Avis Preferred Points - that is two points for every dollar they spend on vehicle rentals in Florida. The complimentary research report on CAR can be downloaded at:
Stamford, Connecticut headquartered United Rentals Inc.'s stock rose 0.48%, closing the session at $107.05. A total volume of 951,146 shares was traded. The Company's shares have advanced 0.71% in the last one month, 36.88% over the previous three months, and 1.39% since the start of this year. The stock is trading 7.85% above its 50-day moving average and 35.95% above its 200-day moving average. Additionally, shares of United Rentals, which through its subsidiaries, operates as an equipment rental company, have an RSI of 52.55.
On January 12th, 2017, United Rentals announced that it will hold its Q4 2016 and FY16 conference call with the Company's management on January 26th, 2017, at 11:00 a.m. ET. The Company's Q4 2016 and FY16 press release will be issued and available at unitedrentals.com after the market close on January 25th, 2017. Visit us today and access our complete research report on URI at:
On Friday, shares in Plano, Texas headquartered Rent-A-Center Inc. finished the session 1.70% lower at $10.39 with a total trading volume of 763,688 shares. The stock has gained 16.79% over the previous three months. The Company's shares are trading below their 50-day moving average by 8.52%. Furthermore, shares of Rent-A-Center, which together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis, have an RSI of 34.70.
On January 09th, 2017, Rent-A-Center's Board of Directors announced the resignation of Robert D. Davis as CEO and director effective immediately. Board Chairman Mark E. Speese, the Company's founder and former CEO, will serve as the Company's interim CEO until a permanent successor has been named. The Board of Directors announced that it will conduct a search process to find a highly qualified candidate for CEO. Get free access to your research report on RCII at:
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