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Why Cosan S.A ADR (CSAN) Stock Could See Much Higher Prices Ahead

Cosan S.A ADR (NYSE: CSAN) is -0.18% lower on its value in year-to-date trading and has touched a low of $4.95 and a high of $15.25 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 $5.06 in the last trading session, with the day’s gains setting it 0.37%.

Currently trading at $5.43, the stock is 2.94% and -2.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 7.31% at the moment leaves the stock -36.11% off its SMA200. CSAN registered -61.10% loss for a year compared to 6-month loss of -44.70%. The firm has a 50-day simple moving average (SMA 50) of $5.563 and a 200-day simple moving average (SMA200) of $8.4989.

The stock witnessed a -5.73% gain in the last 1 month and extending the period to 3 months gives it a -31.00%, and is 9.48% up 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 3.02% over the week and 3.62% over the month.

Cosan S.A ADR (CSAN) has around 52101 employees, a market worth around $2.54B and $8.07B in sales. Current P/E ratio is 5.68 and Fwd P/E is 5.66. Profit margin for the company is 5.54%. Distance from 52-week low is 9.70% and -64.39% from its 52-week high. The company has generated returns on investments over the last 12 months (2.95%).

with sales reaching $42.78B over the same period.The EPS is expected to grow by 47.96% this year, but quarterly earnings will post 321.01% year-over-year. Quarterly sales are estimated to grow 350.14% in year-over-year returns.

Cosan S.A ADR (CSAN) Top Institutional Holders

The shares outstanding are 468.16M, and float is at 467.50M with Short Float at 0.37%.

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 0.0796 of the shares outstanding. The other top investors are KAPITALO INVESTIMENTOS LTDA which holds 0.87 million shares representing 0.0466% 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.

Cosan S.A ADR (CSAN) Insider Activity

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