Gol Intelligent Airlines Stock Falls On Unusually High Volume (GOL)

NEW YORK ( TheStreet) -- Gol Intelligent Airlines (NYSE: GOL) is trading at unusually high volume Wednesday with 5.4 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 47 cents (-6.5%) at $6.81 as of 4 p.m. ET.

Gol Intelligent Airlines has a market cap of $1.88 billion and is part of the services sector and transportation industry. Shares are up 9.8% year to date as of the close of trading on Tuesday.

Gol Linhas Aereas Inteligentes S.A. operates as a low-cost low-fare airline in Latin America. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gol Intelligent Airlines as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally weak debt management, disappointing return on equity and poor profit margins. You can view the full Gol Intelligent Airlines Ratings Report.

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