Cosan S.A. (NYSE:CSAN - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $4.39 and last traded at $4.42, with a volume of 2843569 shares trading hands. The stock had previously closed at $4.77.
Analyst Ratings Changes
Separately, Citigroup reaffirmed a "buy" rating and set a $19.00 price objective on shares of Cosan in a research report on Monday, December 23rd.
Get Our Latest Report on Cosan
Cosan Trading Up 3.6 %
The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73. The firm has a fifty day simple moving average of $5.11 and a 200-day simple moving average of $6.32. The firm has a market cap of $2.31 billion, a P/E ratio of 3.75, a price-to-earnings-growth ratio of 3.94 and a beta of 1.11.
Institutional Investors Weigh In On Cosan
Several hedge funds and other institutional investors have recently made changes to their positions in CSAN. BNP Paribas Financial Markets bought a new position in Cosan during the 4th quarter valued at $27,000. GAMMA Investing LLC lifted its position in shares of Cosan by 799.4% during the 1st quarter. GAMMA Investing LLC now owns 5,747 shares of the company's stock worth $30,000 after buying an additional 5,108 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Cosan in the fourth quarter valued at approximately $41,000. PNC Financial Services Group Inc. increased 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 valued at $53,000 after acquiring an additional 6,311 shares during the last quarter. Finally, PDS Planning Inc bought a new position in Cosan in the 4th quarter valued at $58,000.
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.
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