The stock of Cosan Ltd (USA) (NYSE:CZZ) is a huge mover today! About 2.08M shares traded hands or 18.86% up from the average. Cosan Ltd (USA) (NYSE:CZZ) has risen 100.84% since February 29, 2016 and is uptrending. It has outperformed by 88.63% the S&P500.
The move comes after 5 months positive chart setup for the $2.04 billion company. It was reported on Oct, 4 by Barchart.com. We have $9.22 PT which if reached, will make NYSE:CZZ worth $530.40M more.
Analysts await Cosan Ltd (USA) (NYSE:CZZ) to report earnings on November, 9.
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.