Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) saw strong trading volume on Friday . 410,366 shares were traded during trading, an increase of 75% from the previous session’s volume of 234,187 shares.The stock last traded at $21.31 and had previously closed at $19.53.

A number of research analysts have recently commented on the company. Zacks Investment Research downgraded Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a research 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 research report on Friday, August 5th. Deutsche Bank AG upgraded Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a research report on Wednesday, July 20th. Finally, Credit Suisse Group AG upgraded Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a research report on Friday, August 26th. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $3.31.

The firm has a 50 day moving average price of $17.89 and a 200-day moving average price of $10.31. The firm’s market cap is $738.90 million.

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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