Gol Linhas Aereas Inteligentes SA (GOL) Trading 4.1% Higher
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) traded up 4.1% on Friday . The stock traded as high as $15.84 and last traded at $15.62, with a volume of 149,698 shares. The stock had previously closed at $15.01.
GOL has been the subject of a number of research analyst reports. Deutsche Bank AG raised shares of Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th. 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 equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $3.45.
The company’s market cap is $546.27 million. The stock has a 50 day moving average of $11.40 and a 200-day moving average of $7.71.
A hedge fund recently raised its stake in Gol Linhas Aereas Inteligentes SA stock. Morgan Stanley increased 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 Securities and Exchange Commission (SEC). The firm 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.
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