Gol Linhas Aereas Inteligentes SA (NYSE:GOL) saw strong trading volume on Friday . 500,971 shares traded hands during 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 equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Tuesday, March 29th. Deutsche Bank AG lowered shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “sell” rating in a report on Wednesday, May 4th. Finally, 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. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $3.45.

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

A hedge fund recently raised its stake in Gol Linhas Aereas Inteligentes SA stock. Morgan Stanley raised its position in Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 1,002.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (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 approximately 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.