Avis Budget Group Inc (CAR) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Avis Budget Group Inc (CAR) experienced unusually high volume on Jan. 15, as the stock lost 7.18% to a closing price of $24.98. The stock saw 3.63 million shares trade hands over the course of the day on 20,766 trades. Given that the stock’s average daily volume over the last month has been 2.2 million shares a day, this represents a pretty substantial spike over the norm.

Avis Budget Group Inc has a P/B ratio of 4.18. It also has a P/E ratio of 8.3. The stock has traded between $67.63 and $25.08 over the last 52-weeks, its 50-day SMA is now $36.95, and its 200-day SMA $45.37.

Avis Budget Group Inc provides car and truck rentals and ancillary services to businesses and consumers in North America, Europe, Australia, New Zealand and certain other regions.

Headquartered in Parsippany, NJ, Avis Budget Group Inc has 30,000 employees and is currently under the leadership of CEO .

For a complete fundamental analysis analysis of Avis Budget Group Inc, check out Equities.com’s Stock Valuation Analysis report for CAR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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