Cosan Ltd. (CZZ) Trading Up 1.9%
Shares of Cosan Ltd. (NYSE:CZZ) were up 1.9% during mid-day trading on Thursday . The company traded as high as $6.45 and last traded at $6.35, with a volume of 481,597 shares. The stock had previously closed at $6.23.
A number of analysts recently issued reports on CZZ shares. TheStreet raised shares of Cosan from a “sell” rating to a “hold” rating in a research report on Friday, April 15th. Zacks Investment Research downgraded shares of Cosan from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th.
The stock has a market capitalization of $1.72 billion and a P/E ratio of 10.08. The stock’s 50 day moving average is $6.00 and its 200 day moving average is $4.56.
Several institutional investors recently added to or reduced their stakes in the stock. California Public Employees Retirement System raised its position in Cosan by 16.5% in the fourth quarter. California Public Employees Retirement System now owns 661,700 shares of the company’s stock worth $2,442,000 after buying an additional 93,800 shares during the period. Oxford Asset Management raised its position in Cosan by 1,275.5% in the fourth quarter. Oxford Asset Management now owns 925,641 shares of the company’s stock worth $3,385,000 after buying an additional 858,347 shares during the period. Finally, BHF Kleinwort Benson Group S.A. bought a new position in Cosan during the fourth quarter worth $8,606,000.
Cosan Ltd (Cosan) is a holding company. The Company operates through its subsidiaries: Cosan SA Industria e Comercio (Cosan SA) and Cosan Logistica SA (Cosan Log). The Company operates in segments: Raizen Energia SA (Raizen Energia), Raizen Combustiveis SA (Raizen Combustiveis), Companhia de Gas de Sao Paulo COMGAS (COMGAS), Cosan Log, Radar Propriedades Agricolas SA (Radar) and Lubricants.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.