Gol Linhas Aereas Inteligentes S.A. [GOL] Revenue clocked in at $949.30 million, down -15.48% YTD: What’s Next?

Gol Linhas Aereas Inteligentes S.A. [NYSE: GOL] slipped around -0.33 points on Thursday, while shares priced at $8.30 at the close of the session, down -3.82%. The company report on July 6, 2021 that GOL discloses preliminary traffic figures for June 2021.

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GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil’s largest domestic airline, announces preliminary air traffic figures for the month of June 2021, compared to the same period in 2020.

Highlights:.

Gol Linhas Aereas Inteligentes S.A. stock is now -15.48% down from its year-to-date (YTD) trading value. GOL Stock saw the intraday high of $8.445 and lowest of $8.225 per share. The company’s 52-week high price is 11.43, which means current price is +25.95% above from all time high which was touched on 06/09/21.

Compared to the average trading volume of 1.64M shares, GOL reached a trading volume of 2370076 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Gol Linhas Aereas Inteligentes S.A. [GOL]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GOL shares is $10.66 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GOL stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Itau BBA have made an estimate for Gol Linhas Aereas Inteligentes S.A. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on April 01, 2021. The new note on the price target was released on March 23, 2021, representing the official price target for Gol Linhas Aereas Inteligentes S.A. stock. Previously, the target price had yet another raise to $10, while Deutsche Bank analysts kept a Buy rating on GOL stock.

The Average True Range (ATR) for Gol Linhas Aereas Inteligentes S.A. is set at 0.39, with the Price to Sales ratio for GOL stock in the period of the last 12 months amounting to 1.34.

How has GOL stock performed recently?

Gol Linhas Aereas Inteligentes S.A. [GOL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.98. With this latest performance, GOL shares dropped by -23.29% in over the last four-week period, additionally sinking by -5.57% over the last 6 months – not to mention a rise of 11.71% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GOL stock in for the last two-week period is set at 29.24, with the RSI for the last a single of trading hit 21.65, and the three-weeks RSI is set at 35.57 for Gol Linhas Aereas Inteligentes S.A. [GOL]. The present Moving Average for the last 50 days of trading for this stock 9.67, while it was recorded at 8.75 for the last single week of trading, and 8.52 for the last 200 days.

Gol Linhas Aereas Inteligentes S.A. [GOL]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gol Linhas Aereas Inteligentes S.A. [GOL] shares currently have an operating margin of -25.23 and a Gross Margin at -1.32. Gol Linhas Aereas Inteligentes S.A.’s Net Margin is presently recorded at -93.98.

Return on Total Capital for GOL is now -28.83, given the latest momentum, and Return on Invested Capital for the company is -515.78. Additionally, GOL Total Debt to Total Capital is recorded at 556.78, with Total Debt to Total Assets ending up at 137.05.

Reflecting on the efficiency of the workforce at the company, Gol Linhas Aereas Inteligentes S.A. [GOL] managed to generate an average of -$430,832 per employee. Receivables Turnover for the company is 4.63 with a Total Asset Turnover recorded at a value of 0.45.Gol Linhas Aereas Inteligentes S.A.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.20.

Insider trade positions for Gol Linhas Aereas Inteligentes S.A. [GOL]

There are presently around $162 million, or 14.40% of GOL stock, in the hands of institutional investors. The top three institutional holders of GOL stocks are: U S GLOBAL INVESTORS INC with ownership of 5,735,012, which is approximately 105.795% of the company’s market cap and around 64.00% of the total institutional ownership; CITADEL ADVISORS LLC, holding 1,625,520 shares of the stock with an approximate value of $13.49 million in GOL stocks shares; and BLACKROCK INC., currently with $11.11 million in GOL stock with ownership of nearly -8.33% of the company’s market capitalization.

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Positions in Gol Linhas Aereas Inteligentes S.A. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 35 institutional holders increased their position in Gol Linhas Aereas Inteligentes S.A. [NYSE:GOL] by around 4,877,672 shares. Additionally, 37 investors decreased positions by around 4,716,143 shares, while 14 investors held positions by with 9,937,376 shares. The mentioned changes placed institutional holdings at 19,531,191 shares, according to the latest SEC report filing. GOL stock had 14 new institutional investments in for a total of 880,704 shares, while 20 institutional investors sold positions of 3,561,548 shares during the same period.

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