Shares of GOL fell by 4.38% or $-0.31/share to $6.77. GOL Linhas A is trading at a price to book ratio of 1.0. 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 0.83 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1475380 shares of GOL exchange hands on a given day and today's volume is recorded at 1208528. These financial metrics combined make this company seem undervalued. 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.
