Cosan S.A. Sponsored ADR (NYSE:CSAN - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $4.28 and last traded at $4.29, with a volume of 591975 shares traded. The stock had previously closed at $4.43.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Cosan from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th.
Read Our Latest Stock Report on CSAN
Cosan Stock Performance
The company has a debt-to-equity ratio of 1.88, a current ratio of 2.13 and a quick ratio of 1.98. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 3.22, a PEG ratio of 0.13 and a beta of 1.09. The firm's fifty day moving average is $5.38 and its 200 day moving average is $5.27.
Cosan (NYSE:CSAN - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.64). Cosan had a negative net margin of 25.77% and a negative return on equity of 24.39%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $7.17 billion. On average, analysts predict that Cosan S.A. Sponsored ADR will post 0.2 EPS for the current fiscal year.
Institutional Investors Weigh In On Cosan
Institutional investors and hedge funds have recently made changes to their positions in the company. Itau Unibanco Holding S.A. lifted its position in Cosan by 28.3% during the 4th quarter. Itau Unibanco Holding S.A. now owns 1,452,659 shares of the company's stock worth $7,670,000 after buying an additional 320,000 shares in the last quarter. Martin Currie Ltd. lifted its position in Cosan by 20.1% during the 1st quarter. Martin Currie Ltd. now owns 1,439,121 shares of the company's stock worth $7,512,000 after buying an additional 240,613 shares in the last quarter. Moon Capital Management LP lifted its position in Cosan by 32.5% during the 4th quarter. Moon Capital Management LP now owns 1,217,023 shares of the company's stock worth $6,621,000 after buying an additional 298,593 shares in the last quarter. Citadel Advisors LLC lifted its position in Cosan by 1,204.6% during the 4th quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after buying an additional 459,995 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in Cosan by 826.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 441,414 shares of the company's stock worth $2,401,000 after buying an additional 393,784 shares in the last quarter.
About Cosan
(
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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