Localiza Rent a Car (OTCMKTS:LZRFY – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.
Localiza Rent a Car Stock Performance
LZRFY stock opened at $7.28 on Tuesday. Localiza Rent a Car has a twelve month low of $5.98 and a twelve month high of $11.76. The stock’s 50 day moving average is $8.01 and its 200-day moving average is $8.89.
Localiza Rent a Car (OTCMKTS:LZRFY – Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.37 billion.
About Localiza Rent a Car
Localiza Rent a Car (OTCMKTS:LZRFY) is a leading mobility solutions provider headquartered in Belo Horizonte, Brazil. Founded in 1973, the company has built a strong reputation in the car rental industry, offering a broad range of services to both leisure and corporate customers. Over the decades, Localiza has expanded its footprint to become one of Latin America’s largest car rental and fleet management operators.
The company’s core activities include short- and long-term vehicle rentals, fleet management services and the sale of used vehicles.
Recommended Stories
- Five stocks we like better than Localiza Rent a Car
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Localiza Rent a Car Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Localiza Rent a Car and related companies with MarketBeat.com's FREE daily email newsletter.
