Cosan (NYSE:CSAN) Reaches New 12-Month Low - Time to Sell?

Cosan S.A. (NYSE:CSAN - Get Free Report)'s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $5.99 and last traded at $5.99, with a volume of 73389 shares trading hands. The stock had previously closed at $6.12.

Analysts Set New Price Targets

Separately, UBS Group upgraded Cosan to a "strong-buy" rating in a research note on Friday, October 25th.

Cosan Price Performance

The stock has a market cap of $2.76 billion, a P/E ratio of 14.84, a P/E/G ratio of 6.63 and a beta of 1.35. The business has a 50 day simple moving average of $7.77 and a 200-day simple moving average of $9.04. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CSAN. Creative Planning increased its stake in shares of Cosan by 4.8% in the third quarter. Creative Planning now owns 57,692 shares of the company's stock worth $552,000 after purchasing an additional 2,621 shares in the last quarter. Redwood Wealth Management Group LLC purchased a new position in Cosan in the 2nd quarter valued at approximately $26,000. Blue Trust Inc. raised its holdings in Cosan by 217.1% during the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock valued at $44,000 after acquiring an additional 3,059 shares during the period. US Bancorp DE lifted 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 boosted its holdings in shares of Cosan by 114.3% in 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 during the period.

Cosan Company Profile

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.