At the last check on Thursday, Gol Linhas Aereas Inteligentes S.A.’s (NYSE:GOL) stock was down -$0.13, moving down -4.06 percent to $2.95. The average number of shares traded per day over the past five days has been 800,676 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.22 fall in that time frame. In the last twenty days, the average volume was 1,572,829, while in the previous 50 days, it was 1,538,160.
Since last month, GOL stock retreated -25.19%. Shares of the company fell to $2.92 on 08/18/23, the lowest level in the past month. A 52-week high of $5.59 was reached on 07/03/23 after having rallying from a 52-week low of $2.00. Since the beginning of this year, GOL’s stock price has risen by 10.67% or $0.28, and marked a new high 25 times. However, the stock has declined by -47.11% since its 52-week high.
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Valuation Metrics
The latest dividend of $0.0036 per share was paid out, which is 20.0% more than last year’s $0.0030.
Financial Health
In the three months ended June 29, Gol Linhas Aereas Inteligentes S.A.’s quick ratio stood at 0.20, while its current ratio was 0.20, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 25.70% percent. In the year ended June 29, EBITDA margin amounted to 13.52%, whereas operating margins totaled 12.30%. Based on annual data, GOL earned $107.91 million in gross profit and brought in $2.94 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 28.00%. Return on equity (ROE) for the past 12 months was 0.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. GOL’s revenue rose 51.09% during the quarter, while net income inched up to $2.89 billion. While analysts expected Gol Linhas Aereas Inteligentes S.A. to report -$0.07 quarterly earnings, the actual figure was $0.54 per share, beating the consensus estimate by 871.40%. During the quarter, the company generated $195.12 million in EBITDA. The liabilities of Gol Linhas Aereas Inteligentes S.A. were 7.45 billion at the end of its most recent quarter ended June 29, and its total debt was $21.92 billion.
Technical Picture
This quick technical analysis looks at Gol Linhas Aereas Inteligentes S.A.’s (GOL) price momentum. With a historical volatility rate of 52.87%, the RSI 9-day stood at 30.06% on 30 August.
With respect to its five-day moving average, the current Gol Linhas Aereas Inteligentes S.A. price is down by -6.94% percent or -$0.22. At present, GOL shares trade -21.54% below its 20-day simple moving average and +23.43% percent above its 100-day simple moving average. However, the stock is currently trading approximately -40.64% below its SMA50 and -8.39% below its SMA200.
Stochastic coefficient K was 12.28% and Stochastic coefficient D was 13.82%, while ATR was 0.19. Given the Stochastic reading of 3.53% for the 14-day period, the RSI (14) reading has been calculated as 32.77%. As of today, the MACD Oscillator reading stands at -0.09, while the 14-day reading stands at -0.15.
Analyst Ratings
Gol Linhas Aereas Inteligentes S.A. downgraded its rating on Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) to a Neutral in a note to investors on August 15, 2023. The analysts firm previously had a Buy rating on the stock.Gol Linhas Aereas Inteligentes S.A. (GOL) has been rated Hold by analysts. According to 1 brokerage firm, GOL is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Gol Linhas Aereas Inteligentes S.A. stock as buy, with 2 recommending it as overweight.
With a median target price of $4.64, the current consensus forecast for the stock is $3.29 – $8.03. Based on these forecasts, analysts predict Gol Linhas Aereas Inteligentes S.A. (GOL) will achieve an average price target of $4.88.
