Cosan (NYSE:CSAN) Reaches New 12-Month Low – Should You Sell?

Shares of Cosan S.A. (NYSE:CSAN) hit a new 52-week low on Friday . The stock traded as low as $7.95 and last traded at $7.96, with a volume of 141558 shares trading hands. The stock had previously closed at $8.13.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Cosan to a “strong-buy” rating in a report on Friday, October 25th.

Cosan Trading Down 2.7 %

The company has a fifty day simple moving average of $9.12 and a 200-day simple moving average of $9.87. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.79 and a quick ratio of 1.68.

Cosan (NYSE:CSAN) last announced its earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $2.05 billion during the quarter. As a group, analysts anticipate that Cosan S.A. will post 0.31 EPS for the current year.

Institutional Trading of Cosan

Several large investors have recently added to or reduced their stakes in CSAN. US Bancorp DE lifted its position in shares of 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 purchasing an additional 4,646 shares in the last quarter. Blue Trust Inc. increased its stake in Cosan by 217.1% in the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company’s stock valued at $44,000 after buying an additional 3,059 shares during the period. Creative Planning boosted its stake 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 buying an additional 2,621 shares during the period. Herr Investment Group LLC acquired a new stake in shares of Cosan during the 2nd quarter valued at $2,192,000. Finally, XTX Topco Ltd acquired a new position in shares of Cosan in the second quarter worth $115,000.

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.