Avis Budget Group, Inc. (symbol: CAR) was one of the worst losers of the
trading day today (2016-09-27), losing -8.12%. The number of shares that
changed hands was 7,186,672, or about 3 times the average daily volume in
the stock.
The closing price was $35.77, amounting to a market cap of $3,250,000,000,
about -32.56% off the highest price in the last 12 months. The stock has
been trading at a range between $21.73 and $53.04.
CAR is in the Rental/Leasing Companies industry, part of the Consumer
Services sector.
Looking at its valuation, the stock is now trading at 21.61 times earnings.
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