Cosan S.A. (NYSE:CSAN – Get Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as $9.06 and last traded at $9.11, with a volume of 440103 shares traded. The stock had previously closed at $9.42.
Cosan Price Performance
The firm’s fifty day moving average price is $9.94 and its two-hundred day moving average price is $11.96.
Cosan (NYSE:CSAN – Get Free Report) last released its quarterly earnings results on Tuesday, May 28th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $1.99 billion for the quarter. On average, research analysts expect that Cosan S.A. will post 0.71 EPS for the current year.
Cosan Announces Dividend
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Signaturefd LLC grew its position in Cosan by 2,736.9% in the second quarter. Signaturefd LLC now owns 11,915 shares of the company’s stock worth $116,000 after acquiring an additional 11,495 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Cosan during the first quarter valued at about $1,036,000. Kapitalo Investimentos Ltda purchased a new stake in Cosan during the fourth quarter valued at about $635,000. Tower Research Capital LLC TRC purchased a new stake in Cosan during the fourth quarter valued at about $27,000. Finally, Optiver Holding B.V. boosted its position in Cosan by 10.7% during the fourth quarter. Optiver Holding B.V. now owns 364,105 shares of the company’s stock valued at $5,702,000 after buying an additional 35,232 shares during the period.
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.
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