Gol Linhas Aereas Inteligentes SA (GOL) Trading 4.9% Higher
Gol Linhas Aereas Inteligentes SA (NYSE:GOL)’s share price traded up 4.9% during mid-day trading on Tuesday . The company traded as high as $20.26 and last traded at $20.16, with a volume of 204,676 shares traded. The stock had previously closed at $19.22.
Several equities analysts have recently weighed in on the company. Zacks Investment Research cut Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a report on Monday, July 18th. Bank of America Corp. upgraded Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a report on Friday, August 5th. Finally, Deutsche Bank AG upgraded Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $3.31.
The stock’s market cap is $697.00 million. The stock’s 50 day moving average price is $16.12 and its 200 day moving average price is $9.65.
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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