Cosan (NYSE:CSAN) Sets New 52-Week Low – Here’s What Happened

Cosan S.A. (NYSE:CSAN)’s stock price reached a new 52-week low on Monday . The stock traded as low as $4.77 and last traded at $4.78, with a volume of 534841 shares changing hands. The stock had previously closed at $4.81.

Analyst Ratings Changes

Separately, Citigroup reiterated a “buy” rating and set a $19.00 price target on shares of Cosan in a research report on Monday, December 23rd.

Cosan Stock Down 1.0 %

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 stock has a market cap of $2.22 billion, a P/E ratio of 3.61, a price-to-earnings-growth ratio of 3.94 and a beta of 1.34. The stock’s fifty day moving average price is $5.31 and its 200 day moving average price is $7.27.

Institutional Investors Weigh In On Cosan

Large investors have recently added to or reduced their stakes in the company. Creative Planning increased its position in shares of Cosan by 4.8% during the 3rd quarter. Creative Planning now owns 57,692 shares of the company’s stock valued at $552,000 after purchasing an additional 2,621 shares during the last quarter. US Bancorp DE boosted its stake in Cosan by 405.1% in the third quarter. US Bancorp DE now owns 5,793 shares of the company’s stock worth $55,000 after buying an additional 4,646 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Cosan in the third quarter worth approximately $808,000. Dynamic Technology Lab Private Ltd bought a new position in Cosan during the third quarter valued at approximately $228,000. Finally, Quantbot Technologies LP purchased a new position in shares of Cosan during the third quarter worth approximately $97,000.

About Cosan

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.