Cosan S.A. (NYSE:CSAN - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $5.81, but opened at $5.66. Cosan shares last traded at $5.71, with a volume of 94,429 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen cut Cosan from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th.
View Our Latest Stock Report on Cosan
Cosan Trading Down 2.7%
The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 4.41, a PEG ratio of 3.94 and a beta of 1.13. The company has a fifty day moving average of $5.28 and a 200-day moving average of $5.57.
Cosan (NYSE:CSAN - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.64). The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $7.17 billion. As a group, equities research analysts anticipate that Cosan S.A. will post 0.2 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of CSAN. BNP Paribas Financial Markets purchased a new position in Cosan in the 4th quarter worth approximately $27,000. GAMMA Investing LLC lifted its stake in Cosan by 799.4% in the 1st quarter. GAMMA Investing LLC now owns 5,747 shares of the company's stock worth $30,000 after purchasing an additional 5,108 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in Cosan in the 4th quarter worth approximately $41,000. PNC Financial Services Group Inc. lifted its stake in Cosan by 181.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after purchasing an additional 6,311 shares in the last quarter. Finally, Invesco Ltd. purchased a new position in Cosan in the 4th quarter worth approximately $58,000.
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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