Cosan S.A. (NYSE:CSAN - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.78, but opened at $8.05. Cosan shares last traded at $8.09, with a volume of 54,642 shares.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised Cosan to a "strong-buy" rating in a research report on Friday, October 25th.
View Our Latest Stock Report on Cosan
Cosan Price Performance
The company has a quick ratio of 1.68, a current ratio of 1.79 and a debt-to-equity ratio of 1.31. The firm has a fifty day simple moving average of $8.77 and a two-hundred day simple moving average of $9.64.
Cosan (NYSE:CSAN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) EPS for the quarter. The company had revenue of $2.05 billion for the quarter. On average, equities analysts anticipate that Cosan S.A. will post -0.33 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its holdings in Cosan by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 4,820,882 shares of the company's stock worth $46,955,000 after buying an additional 100,700 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Cosan by 339.5% in the second quarter. Dimensional Fund Advisors LP now owns 114,002 shares of the company's stock worth $1,110,000 after acquiring an additional 88,064 shares during the period. Signaturefd LLC lifted its position in Cosan by 2,736.9% during the second quarter. Signaturefd LLC now owns 11,915 shares of the company's stock valued at $116,000 after purchasing an additional 11,495 shares during the period. Creative Planning boosted its holdings in Cosan by 4.8% in the third quarter. Creative Planning now owns 57,692 shares of the company's stock valued at $552,000 after purchasing an additional 2,621 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Cosan by 217.1% during the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock worth $44,000 after purchasing an additional 3,059 shares during the period.
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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