CZZ Makes Notable Cross Below Critical Moving Average

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In trading on Tuesday, shares of Cosan Ltd (Symbol: CZZ) crossed below their 200 day moving average of $7.87, changing hands as low as $7.86 per share. Cosan Ltd shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of CZZ shares, versus its 200 day moving average: Cosan Ltd 200 Day Moving Average Chart

Looking at the chart above, CZZ's low point in its 52 week range is $5.63 per share, with $9.45 as the 52 week high point - that compares with a last trade of $7.88.

CZZ makes up 3.90% of the Brazil Consumer ETF (Symbol: BRAQ)

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Commodities
Referenced Symbols: CZZ

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