Shares of Cosan S.A. (NYSE:CSAN - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $5.85, but opened at $5.64. Cosan shares last traded at $5.58, with a volume of 138,145 shares.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised shares of Cosan to a "strong-buy" rating in a report on Friday, October 25th.
Check Out Our Latest Research Report on Cosan
Cosan Stock Performance
The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. The business has a 50 day moving average of $7.63 and a 200 day moving average of $8.95. The company has a market capitalization of $2.51 billion, a P/E ratio of 13.43, a price-to-earnings-growth ratio of 6.63 and a beta of 1.35.
Institutional Investors Weigh In On Cosan
Several large investors have recently bought and sold shares of CSAN. Redwood Wealth Management Group LLC purchased a new position in shares of Cosan in the 2nd quarter worth $26,000. Blue Trust Inc. lifted its holdings in shares of 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 acquiring an additional 3,059 shares during the last quarter. US Bancorp DE grew its position in Cosan by 405.1% in 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. Quantbot Technologies LP bought a new stake in Cosan during the third quarter worth approximately $97,000. Finally, FMR LLC raised its position in Cosan by 114.3% during the third quarter. FMR LLC now owns 10,829 shares of the company's stock valued at $104,000 after purchasing an additional 5,775 shares during the period.
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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