Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) traded down 2.1% on Wednesday . The company traded as low as $19.13 and last traded at $19.70, with a volume of 103,355 shares. The stock had previously closed at $20.13.

A number of analysts have recently weighed in on the stock. Bank of America Corp. upgraded shares of Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a report on Friday, August 5th. Deutsche Bank AG upgraded shares of Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th. Finally, Zacks Investment Research downgraded shares of Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a report on Monday, July 18th. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $3.31.

The company’s market capitalization is $662.03 million. The stock’s 50 day moving average is $16.12 and its 200-day moving average 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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