Large Outflow of Money Witnessed in Cosan Limited

Cosan Limited (CZZ) : The value of composite uptick trades was $3.35 million, whereas, the value of composite downtick trades was $10.63 million. The uptick to downtick ratio stood at 0.32 with a negative money flow of ($7.27) Million during Wednesdays trading session. The block trades money flow was negative ($6.62 million).The uptick to the downtick ratio of 0.19 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.51 million. The transaction of the trades on downticks amounted to $8.13 million, which confirms investors selling on the strength of price. Cosan Limited (CZZ) gained 28 cents at $7.17, an increase of 4.06% over the previous days close.


Shares of Cosan Limited rose by 6.22% in the last five trading days and 1.13% for the last 4 weeks. Cosan Limited is up 10.31% in the last 3-month period. Year-to-Date the stock performance stands at 97.47%.

Cosan Limited (CZZ) : The consensus on Cosan Limited (CZZ) based on 2 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Cosan Limited (NYSE:CZZ): The stock opened at $6.94 and touched an intraday high of $7.2 on Wednesday. During the day, the stock corrected to an intraday low of $6.82, however, the bulls stepped in and pushed the price higher to close in the green at $7.17 with a gain of 4.06% for the day. The total traded volume for the day was 3,868,463. The stock had closed at $6.89 in the previous trading session.

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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