Cosan S.A. (NYSE:CSAN - Get Free Report)'s share price fell 3.7% during trading on Friday . The stock traded as low as $6.25 and last traded at $6.26. 114,265 shares were traded during mid-day trading, a decline of 75% from the average session volume of 452,705 shares. The stock had previously closed at $6.50.
Analyst Ratings Changes
Separately, UBS Group upgraded Cosan to a "strong-buy" rating in a research report on Friday, October 25th.
View Our Latest Stock Report on Cosan
Cosan Stock Down 4.8 %
The company has a current ratio of 1.86, a quick ratio of 1.68 and a debt-to-equity ratio of 1.31. The business's fifty day simple moving average is $8.12 and its 200-day simple moving average is $9.19.
Institutional Trading of Cosan
Institutional investors and hedge funds have recently bought and sold shares of the stock. Redwood Wealth Management Group LLC bought a new stake in Cosan in the 2nd quarter worth approximately $26,000. Blue Trust Inc. grew its holdings in shares of Cosan by 217.1% in the third 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 in the last quarter. US Bancorp DE increased 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 purchasing an additional 4,646 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Cosan during the third quarter valued at $97,000. Finally, FMR LLC lifted 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 last quarter.
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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