Shares of GOL fell by 2.60% or $-0.17/share to $6.38. GOL Linhas A is trading at a price to book ratio of 0.93. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.2. The price to sales ratio came in at 0.39. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1513090 shares of GOL exchange hands on a given day and today's volume is recorded at 643437. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
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.