Cosan Limited (NYSE:CZZ) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report released on Thursday.

Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Cosan Limited from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 6th. Zacks Investment Research cut shares of Cosan Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 13th.

Shares of Cosan Limited (NYSE CZZ) traded down 1.56% during trading on Thursday, reaching $6.32. The company’s stock had a trading volume of 845,898 shares. Cosan Limited has a 12 month low of $5.63 and a 12 month high of $9.50. The company’s 50-day moving average is $6.80 and its 200-day moving average is $7.86. The company has a market capitalization of $1.67 billion, a P/E ratio of 36.96 and a beta of 2.33.

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A number of hedge funds and other institutional investors have recently bought and sold shares of CZZ. Wexford Capital LP acquired a new stake in Cosan Limited during the first quarter worth approximately $123,000. Fox Run Management L.L.C. acquired a new stake in Cosan Limited during the first quarter worth approximately $134,000. FNY Partners Fund LP acquired a new stake in Cosan Limited during the first quarter worth approximately $141,000. Teza Capital Management LLC acquired a new stake in Cosan Limited during the first quarter worth approximately $156,000. Finally, Tower Research Capital LLC TRC raised its stake in Cosan Limited by 676.1% in the first quarter. Tower Research Capital LLC TRC now owns 18,247 shares of the basic materials company’s stock worth $156,000 after buying an additional 15,896 shares in the last quarter. Hedge funds and other institutional investors own 46.93% of the company’s stock.

About Cosan Limited

Cosan Limited (Cosan) is a holding company. The Company’s segments include Raizen Energia, Raizen Combustiveis, COMGAS, Cosan Logistica, Lubricants and Other business. The Company’s other business include other investments, in addition to the corporate activities. The Company 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 SA (Rumo), logistic segment (Logistic).

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