Cosan S.A. (NYSE:CSAN - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $5.31, but opened at $5.07. Cosan shares last traded at $5.01, with a volume of 180,114 shares.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the stock. Citigroup reissued a "buy" rating and issued a $19.00 price target on shares of Cosan in a research report on Monday, December 23rd. UBS Group raised shares of Cosan to a "strong-buy" rating in a research report on Friday, October 25th.
View Our Latest Report on Cosan
Cosan Trading Up 7.4 %
The firm's 50-day simple moving average is $5.48 and its 200 day simple moving average is $7.62. 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
Several institutional investors have recently modified their holdings of CSAN. Blue Trust Inc. grew its stake in Cosan by 217.1% in the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock valued at $44,000 after buying an additional 3,059 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Cosan by 181.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after purchasing an additional 6,311 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Cosan by 405.1% during the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company's stock worth $55,000 after acquiring an additional 4,646 shares during the period. PDS Planning Inc bought a new stake in shares of Cosan during the 4th quarter worth approximately $58,000. Finally, Invesco Ltd. bought a new stake in shares of Cosan during the 4th quarter worth approximately $58,000.
Cosan Company Profile
(
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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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