Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $20.98 and last traded at $20.96, with a volume of 91,271 shares trading hands. The stock had previously closed at $20.60.

Several equities analysts have recently commented on the company. ValuEngine lowered Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research lowered Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, BidaskClub raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Gol Linhas Aereas Inteligentes currently has a consensus rating of “Hold” and an average price target of $21.83.

The firm’s market cap is $1.46 billion. The company’s 50-day moving average is $16.49 and its 200 day moving average is $14.52.

Several large investors have recently made changes to their positions in GOL. Macquarie Group Ltd. grew its position in shares of Gol Linhas Aereas Inteligentes by 97.8% in the second quarter. Macquarie Group Ltd. now owns 1,123,422 shares of the transportation company’s stock valued at $12,762,000 after purchasing an additional 555,586 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Gol Linhas Aereas Inteligentes by 269.9% in the second quarter. Dimensional Fund Advisors LP now owns 196,048 shares of the transportation company’s stock valued at $2,227,000 after purchasing an additional 143,048 shares during the period. Pinnacle Associates Ltd. grew its position 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 valued at $627,000 after purchasing an additional 42,700 shares during the period. Van ECK Associates Corp grew its position 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 valued at $659,000 after purchasing an additional 28,084 shares during the period. Finally, IFP Advisors Inc purchased a new stake in shares of Gol Linhas Aereas Inteligentes in the second quarter valued at $227,000. 0.04% of the stock is owned by institutional investors and hedge funds.

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About Gol Linhas Aereas Inteligentes

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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