GOL Linhas Aereas Inteligentes S.A. GOL was a big mover last session with its shares rising over 9% on the day. The upside came on the announcement that the company has engaged PJT Partners PJT to advice it regarding measures to strengthen its capital structure and liquidity and improve the profile of its debt. PJT will also advice the company in connection with its U.S. dollar unsecured bonds. This development led to far more shares changing hands yesterday than in a normal session. The move continues the recent uptrend of the company as the stock has gained roughly 46% since March 16.
This air transportation services company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
GOL currently has a Zacks Rank #2 (Buy) and its Earnings ESP is 0.00%.
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