Cosan S.A ADR (NYSE: CSAN) is -12.68% lower on its value in year-to-date trading and has touched a low of $4.31 and a high of $11.75 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 $4.73 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $4.75, the stock is -6.90% and -6.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.42% at the moment leaves the stock -35.61% off its SMA200. CSAN registered -57.40% loss for a year compared to 6-month loss of -45.78%. The firm has a 50-day simple moving average (SMA 50) of $5.1068 and a 200-day simple moving average (SMA200) of $7.3766.
The stock witnessed a -13.32% gain in the last 1 month and extending the period to 3 months gives it a -17.53%, and is 1.93% 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 3.96% over the week and 4.27% over the month.
Cosan S.A ADR (CSAN) has around 40530 employees, a market worth around $2.22B and $8.16B in sales. Fwd P/E is 3.56. Profit margin for the company is -20.40%. Distance from 52-week low is 10.21% and -59.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.10%).
The EPS is expected to shrink by -16.50% this year
118.0 institutions hold shares in Cosan S.A ADR (CSAN), with institutional investors hold 3.76% of the company’s shares. The shares outstanding are 467.58M, and float is at 467.50M with Short Float at 0.62%. Institutions hold 3.76% of the Float.
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 0.259 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 0.0387 of the shares totaling 0.72 million with a market value of $7.01 million.
