Cia Energetica DE Minas Gerais – Cemig ADR (CIG) concluded trading on Thursday at a closing price of $1.94, with 4.34 million shares of worth about $8.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.61% during that period and on March 13, 2025 the price saw a gain of about 1.57%. Currently the company’s common shares owned by public are about 1.90B shares, out of which, 1.90B shares are available for trading.
Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 1.04%. Year-to-date (YTD), CIG shares are showing a performance of 9.60% which increased to 17.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.55 but also hit the highest price of $2.11 during that period. The average intraday trading volume for Cia Energetica DE Minas Gerais – Cemig ADR shares is 1.99 million. The stock is currently trading 0.99% above its 20-day simple moving average (SMA20), while that difference is up 4.62% for SMA50 and it goes to 3.33% higher than SMA200.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) currently have 1.90B outstanding shares and institutions hold larger chunk of about 8.58% of that.
The stock has a current market capitalization of $3.69B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 3.63, while it has posted earnings per share of $0.53 in the same period. It has Quick Ratio of 1.04 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CIG, volatility over the week remained 2.48% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to drop by -11.60% while it is estimated to decrease by -37.35% in next year. EPS is likely to shrink at an annualized rate of -18.02% for next 5-years, compared to annual growth of 19.94% made by the stock over the past 5-years.
On November 24, 2023, BofA Securities Downgrade their recommendations, while on November 01, 2023, HSBC Securities Upgrade their ratings for the stock with a price target of $2.90. Stock get a Buy rating from BofA Securities on September 20, 2023.
