Gol Linhas Aereas Inteligentes SA (GOL) Trading Up 4.1%
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) was 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 traded. The stock had previously closed at $15.01.
Several equities research analysts have weighed in on GOL shares. Deutsche Bank AG upgraded Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th. 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $3.45.
The company’s 50-day moving average price is $11.62 and its 200-day moving average price is $7.79. The stock’s market capitalization is $546.27 million.
A hedge fund recently raised its stake in Gol Linhas Aereas Inteligentes SA stock. Morgan Stanley boosted its position in shares of 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 about 0.58% of Gol Linhas Aereas Inteligentes SA worth $1,145,000 at the end of the most recent reporting period.
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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