Avis Budget Group, Inc. (symbol: CAR) was one of the worst losers of the
trading day today (2016-02-24), losing -26.51%. The number of shares that
changed hands was 25,893,435, or about 10 times the average daily volume in
the stock.
The closing price was $22.04, amounting to a market cap of $2,210,000,000,
about -64.58% off the highest price in the last 12 months. The stock has
been trading at a range between $21.91 and $62.23.
CAR is in the Rental/Leasing Companies industry, part of the Consumer
Services sector.
Looking at its valuation, the stock is now trading at 6.9 times earnings.
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