Cosan Limited (CZZ) Reaches $10.40 52-Week High; CALBEE TOKYO (CBCFF) Sellers Decreased By 1.89% Their Shorts

January 14, 2018 - By Linda Rogers

The stock of Cosan Limited (NYSE:CZZ) hit a new 52-week high and has $11.13 target or 7.00% above today’s $10.40 share price. The 5 months bullish chart indicates low risk for the $2.75B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $11.13 price target is reached, the company will be worth $192.71M more. The stock increased 0.39% or $0.04 during the last trading session, reaching $10.4. About 1.12 million shares traded. Cosan Limited (NYSE:CZZ) has risen 35.16% since January 14, 2017 and is uptrending. It has outperformed by 18.46% the S&P500.

CALBEE INCORPORATED TOKYO (OTCMKTS:CBCFF) had a decrease of 1.89% in short interest. CBCFF’s SI was 2.55 million shares in January as released by FINRA. Its down 1.89% from 2.60M shares previously. With 100 avg volume, 25486 days are for CALBEE INCORPORATED TOKYO (OTCMKTS:CBCFF)’s short sellers to cover CBCFF’s short positions. It closed at $32.95 lastly. It is down 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 2 analysts covering Cosan Limited (NYSE:CZZ), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Cosan Limited had 3 analyst reports since August 25, 2015 according to SRatingsIntel. Bank of America downgraded Cosan Limited (NYSE:CZZ) on Monday, September 28 to “Neutral” rating. Zacks upgraded Cosan Limited (NYSE:CZZ) on Tuesday, August 25 to “Sell” rating. The rating was downgraded by Standpoint Research to “Hold” on Friday, October 7.

Cosan Limited, together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally. The company has market cap of $2.75 billion. The company’s Raízen Energia segment produces and markets various products derived from sugar cane, including raw sugar, and anhydrous and hydrated ethanol. It has a 53.89 P/E ratio. This segment is also involved in activities related to energy cogeneration from sugarcane bagasse; and holds interests in companies involved in research and development on new technology.

Calbee, Inc. engages in the production and sale of snacks and other food products in Japan and internationally. The company has market cap of $4.34 billion. It offers potato-based, flour-based, corn-and bean-based, and other snacks, as well as cereals. It has a 27.78 P/E ratio. The firm markets its products under the Potato Chips, Jagarico, Jagabee/Jaga Pokkuru, Kappa Ebisen, Mike Popcorn Butter Shoyu, Doritos, Cheetos, and Frugra brands.

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