Gol Linhas Aereas Inteligentes SA (NYSE:GOL) saw unusually-strong trading volume on Friday . Approximately 500,971 shares traded hands during mid-day trading, an increase of 16% from the previous session’s volume of 430,757 shares.The stock last traded at $14.93 and had previously closed at $13.67.

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Gol Linhas Aereas Inteligentes SA from an “underweight” rating to a “neutral” rating in a report on Monday, March 28th. Zacks Investment Research raised shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Tuesday, March 29th. Finally, Deutsche Bank AG cut shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “sell” rating in a report on Wednesday, May 4th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. Gol Linhas Aereas Inteligentes SA currently has an average rating of “Hold” and an average target price of $3.45.

The company’s 50 day moving average is $9.04 and its 200-day moving average is $7.01. The stock’s market cap is $516.19 million.

A hedge fund recently raised its stake in Gol Linhas Aereas Inteligentes SA stock. Morgan Stanley boosted its stake in Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 1,002.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,998,873 shares of the company’s stock after buying an additional 1,817,633 shares during the period. Morgan Stanley owned about 0.58% of Gol Linhas Aereas Inteligentes SA worth $1,145,000 at the end of the most recent quarter.

Gol Linhas Aereas Inteligentes SA (Gol) is a Brazil-based holding company primarily engaged in the passenger air transportation sector. Through its subsidiaries, such as VRG Linhas Aereas SA, GAC Inc and Gol Finance, the Company is involved in the provision of scheduled and non-scheduled passenger air transportation services, as well as cargo and mail bags freight air transportation.

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