Cosan S.A. (NYSE:CSAN - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $7.81, but opened at $8.09. Cosan shares last traded at $8.20, with a volume of 43,675 shares trading hands.
Analyst Ratings Changes
Separately, UBS Group raised Cosan to a "strong-buy" rating in a report on Friday, October 25th.
Get Our Latest Analysis on Cosan
Cosan Stock Up 6.4 %
The firm has a 50-day moving average of $9.08 and a 200 day moving average of $9.84. The company has a current ratio of 1.79, a quick ratio of 1.68 and a debt-to-equity ratio of 1.31.
Cosan (NYSE:CSAN - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $2.05 billion for the quarter. As a group, equities research analysts anticipate that Cosan S.A. will post 0.31 EPS for the current year.
Institutional Trading of Cosan
A number of institutional investors have recently bought and sold shares of CSAN. US Bancorp DE raised its position in shares of Cosan by 405.1% in the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company's stock valued at $55,000 after buying an additional 4,646 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Cosan by 217.1% during the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company's stock worth $44,000 after buying an additional 3,059 shares in the last quarter. Creative Planning lifted its position in shares of Cosan by 4.8% during the 3rd quarter. Creative Planning now owns 57,692 shares of the company's stock worth $552,000 after buying an additional 2,621 shares during the last quarter. Herr Investment Group LLC bought a new position in Cosan in the second quarter valued at about $2,192,000. Finally, XTX Topco Ltd bought a new position in Cosan in the second quarter valued at about $115,000.
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.
Further Reading
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