Cosan S.A. (NYSE:CSAN - Get Free Report) saw strong trading volume on Thursday . 2,046,911 shares changed hands during trading, an increase of 87% from the previous session's volume of 1,094,747 shares.The stock last traded at $5.51 and had previously closed at $5.18.
Wall Street Analysts Forecast Growth
CSAN has been the topic of several recent analyst reports. Citigroup reissued a "buy" rating and set a $19.00 price objective on shares of Cosan in a research note on Monday, December 23rd. UBS Group upgraded Cosan to a "strong-buy" rating in a report on Friday, October 25th.
Read Our Latest Stock Report on Cosan
Cosan Stock Up 0.7 %
The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73. The stock's 50 day simple moving average is $5.77 and its 200-day simple moving average is $7.89.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Blue Trust Inc. grew its stake in Cosan by 217.1% in the third quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock valued at $44,000 after purchasing an additional 3,059 shares in the last quarter. US Bancorp DE grew its holdings in Cosan by 405.1% in the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company's stock valued at $55,000 after buying an additional 4,646 shares in the last quarter. Caprock Group LLC acquired a new stake in Cosan in the 4th quarter worth about $61,000. Savant Capital LLC bought a new stake in shares of Cosan in the fourth quarter valued at approximately $63,000. Finally, Sivia Capital Partners LLC bought a new stake in shares of Cosan during the 4th quarter valued at $78,000.
About Cosan
(
Get Free Report)
Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.
See Also
Before you consider Cosan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cosan wasn't on the list.
While Cosan currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
