Price Change to Note: Cosan Ltd (USA)’s Stock Is Sell After Today’s Big Decline

Price Change to Note: Cosan Ltd (USA)'s Stock Is Sell After Today's Big Decline

The stock of Cosan Ltd (USA) (NYSE:CZZ) is a huge mover today! About 4.17M shares traded hands or 53.87% up from the average. Cosan Ltd (USA) (NYSE:CZZ) has risen 70.43% since April 8, 2016 and is uptrending. It has outperformed by 64.78% the S&P500.
The move comes after 9 months negative chart setup for the $1.89B company. It was reported on Nov, 10 by Barchart.com. We have $6.78 PT which if reached, will make NYSE:CZZ worth $113.40 million less.

Cosan Ltd (USA) (NYSE:CZZ) Ratings Coverage

Out of 2 analysts covering Cosan Limited (NYSE:CZZ), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Cosan Limited has been the topic of 3 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Sell” rating in Tuesday, August 25 report. The firm earned “Hold” rating on Friday, October 7 by Standpoint Research. The firm earned “Neutral” rating on Monday, September 28 by Bank of America.

According to Zacks Investment Research, “COSAN ltd is the leading global ethanol and sugar company in terms of production with low-cost, large-scale and integrated operations in Brazil. Their production is based on sugarcane, a competitive and viable feedstock for ethanol, sugar and energy because of its low production cost and high energy efficiency ratio relative to other ethanol sources, such as corn and sugarbeet.”

CZZ Company Profile

Cosan Limited (Cosan), incorporated on April 30, 2007, is a holding company. The Company’s divisions 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 Firm 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 Firm 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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