Cosan S.A. (NYSE:CSAN - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $5.84, but opened at $5.72. Cosan shares last traded at $5.71, with a volume of 94,933 shares.
Wall Street Analyst Weigh In
CSAN has been the topic of a number of research reports. UBS Group raised Cosan to a "strong-buy" rating in a report on Friday, October 25th. Citigroup reissued a "buy" rating and set a $19.00 price target on shares of Cosan in a research note on Monday, December 23rd.
Get Our Latest Report on CSAN
Cosan Trading Down 5.4 %
The stock has a 50 day moving average price of $6.30 and a 200-day moving average price of $8.29. 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
Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. raised its position 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 purchasing an additional 3,059 shares during the last quarter. US Bancorp DE increased its stake in shares of Cosan by 405.1% during the third quarter. US Bancorp DE now owns 5,793 shares of the company's stock valued at $55,000 after buying an additional 4,646 shares during the period. Quantbot Technologies LP bought a new position in shares of Cosan during the third quarter valued at approximately $97,000. FMR LLC boosted its holdings in Cosan by 114.3% in the third quarter. FMR LLC now owns 10,829 shares of the company's stock valued at $104,000 after acquiring an additional 5,775 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Cosan in the second quarter valued at $115,000.
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.
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