Consumer Goods - Written by dailymovers on Thursday, November 26, 2009 15:26 - 0 Comments
Cosan Ltd. CZZ Morning Session Up 7.15%
Cosan Ltd. Opened at $8.52. So far these days, the supply has strike a low of $8.52 and elevated of $8.82. CZZ is currently trading at $8.62, up $0.19 (2.25%).more than the previous weeks the supply has ranged from a low of $2.03 to a high of $8.61. Share of CZZ are trading higher with the broader market this morning after positive income from Intel and JP Morgan reignited investor’s confidence and awakened the bulls.
Technological indicators for the supply are confident. If you are looking for a hedged play on CZZ the supply seem like it might be an applicant for December out-of-the money bull-put credit reach the lower 7.50 assortment.
Last Trade: 7.49
Trade Time: Nov 25
Change: Up 0.50 (7.15%)
Prev Close: 6.99
Open: 7.19
Day’s Range: 7.11 – 7.68
52wk Range: 2.21 – 8.82
Volume: 3,880,699
Avg Vol (3m): 1,386,090
Market Cap: 2.03B
About Cosan Ltd.
Cosan Limited, through its subsidiaries, engages in the production and sale of sugar and ethanol in Brazil and internationally. The company also involves in the distribution of oil products, including ethanol, lubricants, and aviation fuel, as well as the operation of convenience stores through a network of 1,500 service stations in Brazil. It offers a range of sugar products comprising raw, organic, crystal, and refined sugars. The company sells sugar to wholesale distributors, food manufacturers, and retail super markets under the Da Barra brand.
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