Gol Linhas Aereas Inteligentes S.A. (GOL) Shares: Are They Risky Or Cheap?

0
6
KOSK
KOSK

Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) finished Wednesday with a subtraction of -$0.05 to close at $3.98, a downside of -1.24 percent. An average of 1,590,420 shares of common stock have been traded in the last five days. There was a gain of $0.13 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 2,153,490 shares traded, while the 50-day average volume stands at 1,865,712.

GOL stock has increased by 1.02% in the last month. The company shares reached their 1-month lowest point of $3.53 on 09/06/22. With the stock rallying to its 52-week high on 04/04/22, shares of the company touched a low of $2.74 and a high of $8.37 in 52 weeks. It has reached a new high 13 times so far this year and lost -34.18% or -$2.07 in price. In spite of this, the price is down -52.47% from the 52-week high.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Valuation Metrics

Gol Linhas Aereas Inteligentes S.A. (GOL) stock’s beta is 1.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.32, and the price-to-cash flow ratio at 2.96.

Financial Health

The quick ratio of Gol Linhas Aereas Inteligentes S.A. for the three months ended June 29 was 0.20, and the current ratio was 0.30, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at -$710.55 million compared to revenue of $1.38 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gol Linhas Aereas Inteligentes S.A.’s return on assets was -37.60%.

Earnings Surprise

For the three-month period that ended June 29, Gol Linhas Aereas Inteligentes S.A. had $33.51 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$1.37 billion in the quarter, while revenues were shrunk -336.42%. The analyst consensus anticipated Gol Linhas Aereas Inteligentes S.A.’s latest quarter earnings to come in at -$0.56 per share, but it turned out to be -$2.6, a -364.30% surprise. For the quarter, EBITDA amounted to -$26.77 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Gol Linhas Aereas Inteligentes S.A. (GOL) price momentum. RSI 9-day as of the close on 21 September was 49.67%, suggesting the stock is Neutral, with historical volatility in this time frame at 74.38%.

As of today, GOL’s price is $3.96 +3.38% or $0.13 from its 5-day moving average. GOL is currently trading -7.23% lower than its 20-day SMA and -35.07% lower than its 100-day SMA. However, the stock’s current price level is +38.19% above the SMA50 and -25.61% below the SMA200.

The stochastic %K and %D were 59.30% and 49.94%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 54.22% and the average true range at 0.28, the RSI (14) stands at 49.99%. The stock has reached 0.05 on the 9-day MACD Oscillator while the 14-day reading was at 0.12.

Analyst Ratings

Barclays downgraded Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.

LEAVE A REPLY

Please enter your comment!
Please enter your name here