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New Big Money Means Cosan S.A ADR (CSAN) Investors Could Reap Benefit

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Cosan S.A ADR (NYSE: CSAN) is -53.26% lower on its value in year-to-date trading and has touched a low of $7.22 and a high of $16.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CSAN stock was last observed hovering at around $7.61 in the last trading session, with the day’s loss setting it -0.29%.

Currently trading at $7.32, the stock is -6.99% and -13.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -3.81% at the moment leaves the stock -29.52% off its SMA200. CSAN registered -49.69% loss for a year compared to 6-month loss of -31.07%. The firm has a 50-day simple moving average (SMA 50) of $8.4912 and a 200-day simple moving average (SMA200) of $10.3853.

The stock witnessed a -12.12% gain in the last 1 month and extending the period to 3 months gives it a -23.43%, and is -3.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.42% over the week and 3.13% over the month.

Cosan S.A ADR (CSAN) has around 52101 employees, a market worth around $3.43B and $8.07B in sales. Current P/E ratio is 7.66 and Fwd P/E is 4.85. Profit margin for the company is 5.54%. Distance from 52-week low is 1.39% and -55.50% from its 52-week high. The company has generated returns on investments over the last 12 months (2.95%).

with sales reaching $40.21B over the same period.The EPS is expected to grow by 70.13% this year, but quarterly earnings will post 350.95% year-over-year. Quarterly sales are estimated to grow 323.08% in year-over-year returns.

The shares outstanding are 468.16M, and float is at 467.50M with Short Float at 0.31%.

The top institutional shareholder in the company is RENAISSANCE TECHNOLOGIES LLC with over 4.82 million shares valued at $46.96 million. The investor’s holdings represent 0.2584 of the CSAN Shares outstanding. As of 2024-06-30, the second largest holder is MARTIN CURRIE LTD with 1.48 million shares valued at $14.43 million to account for 0.0794 of the shares outstanding. The other top investors are KAPITALO INVESTIMENTOS LTDA which holds 0.87 million shares representing 0.0465 and valued at over $8.45 million, while MORGAN STANLEY holds 0.0386 of the shares totaling 0.72 million with a market value of $7.01 million.

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