Cosan S.A. (NYSE:CSAN - Get Free Report) shares traded up 4.1% on Thursday . The stock traded as high as $4.99 and last traded at $5.00. 434,507 shares were traded during trading, a decline of 60% from the average session volume of 1,093,743 shares. The stock had previously closed at $4.80.
Analyst Upgrades and Downgrades
Separately, Citigroup reissued a "buy" rating and set a $19.00 price target on shares of Cosan in a research report on Monday, December 23rd.
View Our Latest Analysis on Cosan
Cosan Stock Performance
The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. The firm has a market cap of $2.59 billion, a P/E ratio of 4.20, a P/E/G ratio of 3.94 and a beta of 1.33. The business's 50-day simple moving average is $5.22 and its 200 day simple moving average is $6.94.
Institutional Investors Weigh In On Cosan
A number of large investors have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. bought a new stake in Cosan in the 4th quarter worth approximately $1,054,000. Quantinno Capital Management LP bought a new stake in shares of Cosan during the 4th quarter valued at $149,000. Naman Capital Ltda bought a new stake in shares of Cosan during the 4th quarter valued at $1,479,000. Millennium Management LLC grew its position in shares of Cosan by 142.8% during the 4th quarter. Millennium Management LLC now owns 364,718 shares of the company's stock valued at $1,984,000 after acquiring an additional 214,485 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC bought a new stake in shares of Cosan during the 4th quarter valued at $87,000.
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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