Cosan S.A. (NYSE:CSAN - Get Free Report)'s stock price reached a new 52-week low during trading on Friday . The company traded as low as $6.23 and last traded at $6.51, with a volume of 948171 shares trading hands. The stock had previously closed at $7.32.
Wall Street Analysts Forecast Growth
Separately, UBS Group upgraded shares of Cosan to a "strong-buy" rating in a research report on Friday, October 25th.
Check Out Our Latest Report on Cosan
Cosan Trading Down 9.7 %
The company has a debt-to-equity ratio of 1.31, a current ratio of 1.79 and a quick ratio of 1.68. The stock's 50-day simple moving average is $8.40 and its 200 day simple moving average is $9.37.
Institutional Investors Weigh In On Cosan
Several large investors have recently bought and sold shares of CSAN. Creative Planning increased its position in shares of Cosan by 4.8% during the third quarter. Creative Planning now owns 57,692 shares of the company's stock worth $552,000 after acquiring an additional 2,621 shares in the last quarter. Redwood Wealth Management Group LLC bought a new stake in shares of Cosan during the second quarter worth $26,000. Blue Trust Inc. increased its position in shares of Cosan by 217.1% during the third quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock worth $44,000 after acquiring an additional 3,059 shares in the last quarter. US Bancorp DE increased its position in shares of Cosan by 405.1% during the third quarter. US Bancorp DE now owns 5,793 shares of the company's stock worth $55,000 after acquiring an additional 4,646 shares in the last quarter. Finally, FMR LLC increased its position in shares of Cosan by 114.3% during the third quarter. FMR LLC now owns 10,829 shares of the company's stock worth $104,000 after acquiring an additional 5,775 shares in the last quarter.
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.
Further Reading
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