Shares of GOL fell by 0.26% or $-0.02/share to $7.74. GOL Linhas A is trading at a price to book ratio of 1.09. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.09 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1404220 shares of GOL exchange hands on a given day and today's volume is recorded at 324467. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Gol Linhas Aereas Inteligentes S.A. (GoL) is a low-cost, low-fare airline in the world providing service on routes connecting all of Brazil?s cities and from Brazil to cities in South America and select touristic destinations in the Caribbean.
