Cosan S.A. (NYSE:CSAN - Get Free Report) shares were down 3.2% during trading on Monday . The company traded as low as $5.37 and last traded at $5.33. Approximately 419,932 shares were traded during trading, a decline of 41% from the average daily volume of 709,281 shares. The stock had previously closed at $5.50.
Analyst Upgrades and Downgrades
Separately, Citigroup restated a "buy" rating and set a $19.00 target price on shares of Cosan in a research report on Monday, December 23rd.
Check Out Our Latest Stock Report on Cosan
Cosan Stock Down 1.2 %
The stock has a market capitalization of $2.51 billion, a P/E ratio of 4.07, a P/E/G ratio of 3.94 and a beta of 1.33. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. The firm's fifty day moving average is $5.21 and its 200-day moving average is $6.73.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in Cosan during the 4th quarter valued at $27,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Cosan in the fourth quarter valued at $41,000. PNC Financial Services Group Inc. lifted its position in shares of Cosan by 181.4% during the fourth 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. PDS Planning Inc bought a new stake in shares of Cosan during the fourth quarter valued at approximately $58,000. Finally, Invesco Ltd. acquired a new stake in shares of Cosan in the 4th quarter valued at $58,000.
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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