Cosan Limited (CZZ) : Traders are bullish on Cosan Limited (CZZ) as it has outperformed the S&P 500 by a wide margin of 4.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.1%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.43% in the last 1 week, and is up 4.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.25% and the fifty day Moving Average is 6.89%. Cosan Limited is up 27.29% in the last three month period. Year-to-Date the stock performance stands at 91.41%.
Cosan Limited (CZZ) : 2 investment research analysts covering Cosan Limited (CZZ) have an average price target of $9.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $10 and the lowest target is $9 for the short term. Analysts expect the variance to be within $1.06 of the average price.
Cosan Limited (NYSE:CZZ): On Fridays trading session , Opening price of the stock was $6.98 with an intraday high of $7.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.91. However, the stock managed to close at $6.95, a loss of 0.14% for the day. On the previous day, the stock had closed at $6.96. The total traded volume of the day was 1,128,407 shares.
Cosan Limited (Cosan) is a holding company. The Company operates through its subsidiaries: Cosan S.A. Industria e Comercio (Cosan S.A.) and Cosan Logistica S.A. (Cosan Log). The Company operates in segments: Raizen Energia S.A. (Raizen Energia), Raizen Combustiveis S.A. (Raizen Combustiveis), Companhia de Gas de Sao Paulo COMGAS (COMGAS), Cosan Log, Radar Propriedades Agricolas S.A. (Radar) and Lubricants. The Company is engaged in the production and marketing of a various products derived from sugar cane, including raw sugar (VHP), anhydrous and hydrated ethanol. It is engaged in the distribution and marketing of fuels. It is engaged in the distribution of piped natural gas to part of the State of Sao Paulo. It also provides logistics services for transport, storage and port loading of commodities, for sugar products. It is engaged in the purchase, sale and leasing of agricultural land, and also engaged in the production and distribution of lubricants.