Cosan S.A. (NYSE:CSAN - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $5.76, but opened at $6.00. Cosan shares last traded at $5.86, with a volume of 152,028 shares changing hands.
Analyst Upgrades and Downgrades
CSAN has been the topic of a number of analyst reports. Citigroup reiterated a "buy" rating and set a $19.00 price objective 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 note on Friday, October 25th.
View Our Latest Research Report on CSAN
Cosan Trading Down 5.4 %
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 firm has a fifty day moving average price of $6.35 and a two-hundred day moving average price of $8.33.
Institutional Trading of Cosan
Large investors have recently made changes to their positions in the stock. Creative Planning lifted its holdings in Cosan by 4.8% during the 3rd quarter. Creative Planning now owns 57,692 shares of the company's stock valued at $552,000 after buying an additional 2,621 shares in the last quarter. Blue Trust Inc. increased its position in shares of Cosan by 217.1% during the third quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock worth $44,000 after acquiring an additional 3,059 shares during the period. US Bancorp DE raised 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 acquiring an additional 4,646 shares in the last quarter. FMR LLC boosted its holdings in shares of 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 purchasing an additional 5,775 shares during the period. Finally, Quantbot Technologies LP bought a new position in Cosan in the third quarter worth approximately $97,000.
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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