Cosan Limited (CZZ) has been under a strong bear grip, hence the stock is down -4.4% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.9% in the past 1 week. The stock has risen by 1.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.18% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 8.8%. Cosan Limited is up 26.18% in the last 3-month period. Year-to-Date the stock performance stands at 83.97%.
Cosan Limited (NYSE:CZZ): stock turned positive on Friday. Though the stock opened at $6.45, the bulls momentum made the stock top out at $6.7 level for the day. The stock recorded a low of $6.3342 and closed the trading day at $6.68, in the green by 3.73%. The total traded volume for the day was 1,334,849. The stock had closed at $6.44 in the previous days trading.
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.