Cosan S.A. (NYSE:CSAN - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.77 and last traded at $4.78, with a volume of 534841 shares trading hands. The stock had previously closed at $4.81.
Analyst Ratings Changes
Separately, Citigroup reaffirmed a "buy" rating and set a $19.00 target price on shares of Cosan in a report on Monday, December 23rd.
Check Out Our Latest Stock Report on CSAN
Cosan Price Performance
The company has a market capitalization of $2.30 billion, a P/E ratio of 3.74, a price-to-earnings-growth ratio of 3.94 and a beta of 1.33. The company has a fifty day moving average price of $5.27 and a 200 day moving average price of $7.20. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73.
Hedge Funds Weigh In On Cosan
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new position in Cosan in the 4th quarter worth approximately $1,054,000. Quantinno Capital Management LP bought a new position in Cosan in the 4th quarter worth approximately $149,000. Naman Capital Ltda bought a new position in Cosan in the 4th quarter worth approximately $1,479,000. Millennium Management LLC grew its holdings in Cosan by 142.8% in the 4th quarter. Millennium Management LLC now owns 364,718 shares of the company's stock worth $1,984,000 after buying an additional 214,485 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC bought a new position in Cosan in the 4th quarter worth approximately $87,000.
Cosan Company Profile
(
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.
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