Cosan S.A. Sponsored ADR (NYSE:CSAN - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $4.86, but opened at $4.66. Cosan shares last traded at $4.60, with a volume of 415,436 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Cosan from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.
Read Our Latest Stock Report on Cosan
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 fifty day simple moving average of $5.50 and a 200 day simple moving average of $5.31. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 3.48, a price-to-earnings-growth ratio of 0.15 and a beta of 1.09.
Cosan (NYSE:CSAN - Get Free Report) last issued its quarterly 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). The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $7.17 billion. Cosan had a negative return on equity of 24.39% and a negative net margin of 25.77%. On average, analysts anticipate that Cosan S.A. Sponsored ADR will post 0.2 earnings per share for the current fiscal year.
Institutional Trading of Cosan
A number of institutional investors have recently made changes to their positions in CSAN. PNC Financial Services Group Inc. boosted its stake in shares of Cosan by 181.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after acquiring an additional 6,311 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in Cosan during the fourth quarter worth approximately $125,000. Signaturefd LLC lifted its position in Cosan by 329.3% during the fourth quarter. Signaturefd LLC now owns 40,741 shares of the company's stock worth $222,000 after buying an additional 31,250 shares in the last quarter. PDS Planning Inc purchased a new position in Cosan during the fourth quarter worth approximately $58,000. Finally, Quantbot Technologies LP lifted its position in Cosan by 33.3% during the fourth quarter. Quantbot Technologies LP now owns 13,495 shares of the company's stock worth $73,000 after buying an additional 3,373 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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