Cosan Limited (CZZ) Shares are Up 4.75%

Cosan Limited (CZZ) : Traders are bullish on Cosan Limited (CZZ) as it has outperformed the S&P 500 by a wide margin of 11.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.22%, 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 4.75% in the last 1 week, and is up 11.66% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.6% and the 50-Day Moving Average is 10.43%.The 200 Day SMA reached 50.68%. Cosan Limited is up 21.33% in the last 3-month period. Year-to-Date the stock performance stands at 100.5%.


Cosan Limited (NYSE:CZZ): After opening at $7.25, the stock dipped to an intraday low of $7.22 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.4 and the buying power remained strong till the end. The stock closed at $7.28 for the day, a gain of 1.53% for the day session. The total traded volume was 1,335,217. The stocks close on the previous trading day was $7.17.

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.

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