Cosan Limited (CZZ) has been under a strong bear grip, hence the stock is down -1.26% 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 3.6% in the past 1 week. The stock has risen by 3.77% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.79% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 5.43%.The 200 Day SMA reached 39.22%
Cosan Limited (NYSE:CZZ): After opening at $7.14, the stock dipped to an intraday low of $7.05 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.21 and the buying power remained strong till the end. The stock closed at $7.15 for the day, a gain of 1.27% for the day session. The total traded volume was 1,777,726. The stocks close on the previous trading day was $7.15.
Cosan Limited (CZZ) : Average target price received by Cosan Limited (CZZ) is $9 with an expected standard deviation of $0.87. The most aggressive target on the stock is $10, whereas the most downbeat target is $9. 3 financial analysts are currently covering the stock.
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.