Cosan Ltd. (NYSE:CZZ) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $6.84 and last traded at $6.76, with a volume of 467,960 shares. The stock had previously closed at $6.60.

CZZ has been the topic of several analyst reports. Zacks Investment Research upgraded Cosan from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Wednesday, March 16th. TheStreet upgraded Cosan from a “sell” rating to a “hold” rating in a report on Friday, April 15th.

The firm has a 50-day moving average of $6.09 and a 200 day moving average of $4.62. The stock has a market cap of $1.73 billion and a price-to-earnings ratio of 10.33.

A hedge fund recently bought a new stake in Cosan stock. BHF Kleinwort Benson Group S.A. bought a new position in shares of Cosan Ltd. (NYSE:CZZ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,332,294 shares of the company’s stock, valued at approximately $8,606,000. BHF Kleinwort Benson Group S.A. owned approximately 0.88% of Cosan at the end of the most recent reporting period.

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.

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