Shares of Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $18.51 and last traded at $18.32, with a volume of 123,882 shares trading hands. The stock had previously closed at $17.85.

Several analysts recently issued reports on the stock. Zacks Investment Research cut shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. BidaskClub raised shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Bank of America Corporation cut shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “neutral” rating in a research note on Thursday, May 18th. Citigroup Inc. raised shares of Gol Linhas Aereas Inteligentes from a “sell” rating to a “neutral” rating in a research note on Wednesday, July 5th. Finally, ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $21.13.

The stock’s market cap is $1.26 billion. The firm’s 50-day moving average is $15.51 and its 200-day moving average is $14.21.

Large investors have recently modified their holdings of the company. Virtu KCG Holdings LLC increased its stake in shares of Gol Linhas Aereas Inteligentes by 89.3% in the second quarter. Virtu KCG Holdings LLC now owns 22,285 shares of the transportation company’s stock worth $253,000 after buying an additional 10,515 shares during the period. Vanguard Group Inc. increased its stake in shares of Gol Linhas Aereas Inteligentes by 100.0% in the second quarter. Vanguard Group Inc. now owns 25,640 shares of the transportation company’s stock worth $291,000 after buying an additional 12,820 shares during the period. Van ECK Associates Corp increased its stake in shares of Gol Linhas Aereas Inteligentes by 94.0% in the second quarter. Van ECK Associates Corp now owns 57,974 shares of the transportation company’s stock worth $659,000 after buying an additional 28,084 shares during the period. Pinnacle Associates Ltd. increased its stake in shares of Gol Linhas Aereas Inteligentes by 342.3% in the second quarter. Pinnacle Associates Ltd. now owns 55,175 shares of the transportation company’s stock worth $627,000 after buying an additional 42,700 shares during the period. Finally, IFP Advisors Inc purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the second quarter worth approximately $227,000. Institutional investors and hedge funds own 0.04% of the company’s stock.

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Gol Linhas Aereas Inteligentes Company Profile

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. The Company operates through two segments: Air transportation and Loyalty program.

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