NEW YORK, April 6, 2017 /PRNewswire/ --
Focus is shifted on the Rental and Leasing Services space, which 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. Pre-market, Stock-Callers.com monitors Hertz Global Holdings Inc. (NYSE: HTZ), Rent-A-Center Inc. (NASDAQ: RCII), Avis Budget Group Inc. (NASDAQ: CAR), and United Rentals Inc. (NYSE: URI). Download the free research reports on these stocks today:
Estero, Florida-based Hertz Global Holdings Inc.'s shares declined 0.58%, closing Wednesday's trading session at $15.51. The stock recorded a trading volume of 4.24 million shares, which was above its three months average volume of 2.90 million shares. The Company's shares are trading 23.69% below their 50-day moving average. Additionally, shares of Hertz Global, which engages in the vehicle rental business in North America, Europe, Latin America, Africa, Asia, Australia, Caribbean, Middle East, and New Zealand, have a Relative Strength Index (RSI) of 27.06.
On March 20th, 2017, Hertz Global announced that Hertz UK has launched a full-rental service from Sofitel London Gatwick Hotel, becoming the only car rental company to have fleet available at the airport's North Terminal. Hertz customers landing at the North Terminal will no longer need to take the inter-terminal shuttle to the South Terminal to collect their vehicle. See our free and comprehensive research report on HTZ at:
On Wednesday, shares in Plano, Texas headquartered Rent-A-Center Inc. recorded a trading volume of 2.75 million shares, which was above their three months average volume of 2.30 million shares. The stock dropped 1.83%, ending the day at $9.11. The Company's shares have advanced 5.15% in the past month. The stock is trading above its 50-day moving average by 4.89%. 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 53.41.
On March 30th, 2017, Rent-A-Center announced that the Acceptance Now division ("ANow") of the Company has informed Conn Appliances, Inc. ("Conns") of its intent not to renew the referral agreement between the parties upon its expiration on June 06th, 2017. Rent-A-Center determined not to renew the referral agreement with Conns due to the quality and performance of ANow customer accounts originating from Conns stores.
On March 31st, 2017, research firm Northcoast upgraded the Company's stock rating from 'Neutral' to 'Buy'. RCII free research report PDF is just a click away at:
Parsippany, New Jersey headquartered Avis Budget Group Inc.'s stock finished the day 2.94% lower at $27.10. A total volume of 2.64 million shares was traded, which was above their three months average volume of 2.04 million shares. The Company's shares are trading below their 50-day moving average by 20.17%. Additionally, shares of Avis Budget, which together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide, have an RSI of 28.94.
On April 03rd, 2017, Avis Budget announced that from April 03rd, 2017, through June 30th, 2017, Avis' customers, who will rent a vehicle for at least two consecutive days, will receive a promotional code for $25 toward a tee time through GolfNow, the leading provider of online tee times, golf course technology, and service solutions. Sign up for your complimentary report on CAR at:
Shares in Stamford, Connecticut headquartered United Rentals Inc. ended yesterday's session 2.19% lower at $121.06. The stock recorded a trading volume of 1.66 million shares. The Company's shares have advanced 10.18% over the previous three months and 14.66% since the start of this year. The stock is trading 27.23% above its 200-day moving average. Moreover, shares of United Rentals, which through its subsidiaries, operates as an equipment rental Company, have an RSI of 42.86.
On April 03rd, 2017, United Rentals announced that it has completed its previously announced acquisition of NES Rentals Holdings II, Inc. for a total purchase price of approximately $965 million in cash. The purchase was funded through a combination of newly issued unsecured debt and available capacity on the Company's ABL facility. Register for free on Stock-Callers.com and download the latest research report on URI at:
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