Cosan (NYSE:CZZ) has been downgraded from Buy to Hold in a statement by Standpoint Research earlier today.
- Updated: October 7, 2016
Standpoint Research has downgraded Cosan (NYSE:CZZ) from Buy to Hold in a report released on 10/7/2016.
On Thursday August 25, 2016, Zacks Investment Research released a statement about Cosan (NYSE:CZZ) raised the target price from $0.00 to $7.75 that suggested an upside of 0.12%.
Displaying a price of $7.85, Cosan (NYSE:CZZ) traded 1.85% higher on the day. The last closing price is up 31.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. CZZ has recorded a 50-day average of $7.04 and a two hundred day moving average of $6.09. 1,289,624 shares of the stock were exchanged, down from an average trading volume of 1,430,050
Recent Performance Chart
Cosan has a 52 week low of $2.47 and a 52 week high of $8.09 with a price-earnings ratio of 11.57 CZZ’s total market value is presently $0.
General Company Details For Cosan (NYSE:CZZ)
Cosan Limited (Cosan) is a holding company. The Company's segments include Raizen Energia, Raizen Combustiveis, COMGAS, Cosan Logistica, Radar, Lubricants and Cosan's other business. The Company's other business include other investments, in addition to the corporate activities. The Company offers Logistics services, including transportation, port loading and storage of sugar, leasing or lending of locomotives, wagons and other railway equipment, through its subsidiaries Rumo Logistica Operadora Multimodal S.A. (Rumo) and America Latina Logistica S.A. (ALL), logistic segment (Logistic). The Company also holds interests in two joint ventures (JVs): Raizen Combustiveis S.A. (Raizen Combustiveis), a fuel distribution business, and Raizen Energia S.A. (Raizen Energia), which operates in the production and marketing of sugar, ethanol and energy cogeneration, produced from sugar cane bagasse.
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