Cosan S.A. (NYSE:CSAN - Get Free Report)'s stock price shot up 6.8% during mid-day trading on Friday . The stock traded as high as $5.38 and last traded at $5.41. 1,070,075 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 1,210,678 shares. The stock had previously closed at $5.06.
Analyst Ratings Changes
Several equities analysts recently weighed in on the company. UBS Group raised Cosan to a "strong-buy" rating in a research report on Friday, October 25th. Citigroup reiterated a "buy" rating and set a $19.00 price target on shares of Cosan in a report on Monday, December 23rd.
View Our Latest Stock Analysis on CSAN
Cosan Price Performance
The company's 50 day moving average is $5.47 and its two-hundred day moving average is $7.58. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of CSAN. FMR LLC increased its stake in 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 acquiring an additional 5,775 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Cosan during the third quarter worth about $808,000. Caprock Group LLC acquired a new position in shares of Cosan in the 4th quarter worth approximately $61,000. Dynamic Technology Lab Private Ltd bought a new stake in Cosan during the 3rd quarter worth approximately $228,000. Finally, Creative Planning increased 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 purchasing an additional 2,621 shares in 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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