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 trading hands.
Analyst Ratings Changes
Separately, Wall Street Zen cut Cosan from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.
Check Out Our Latest Stock Report on Cosan
Cosan Price Performance
The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 3.51, a price-to-earnings-growth ratio of 0.16 and a beta of 1.09. The company has a 50 day moving average of $5.51 and a 200 day moving average of $5.32. The company has a quick ratio of 1.98, a current ratio of 2.13 and a debt-to-equity ratio of 1.88.
Cosan (NYSE:CSAN - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.65) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.64). The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $7.17 billion. Cosan had a negative net margin of 25.77% and a negative return on equity of 24.39%. As a group, equities research analysts forecast that Cosan S.A. Sponsored ADR will post 0.2 EPS for the current fiscal year.
Institutional Investors Weigh In On Cosan
Institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position in shares of Cosan by 33.3% in 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 during the period. BNP Paribas Financial Markets acquired a new stake in shares of Cosan during the 4th quarter worth approximately $27,000. GAMMA Investing LLC grew its holdings 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 buying an additional 5,108 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings 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 buying an additional 6,311 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Cosan during the 4th quarter valued at $41,000.
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.
See Also
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