Institutional Exposure To Cia Energetica DE Minas Gerais – Cemig ADR (CIG)

Cia Energetica DE Minas Gerais – Cemig ADR (CIG) concluded trading on Thursday at a closing price of $1.82, with 4.12 million shares of worth about $7.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.18% during that period and on May 22, 2025 the price saw a loss of about -0.55%. 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 1.68%. Year-to-date (YTD), CIG shares are showing a performance of 4.74% which increased to 0.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.59 but also hit the highest price of $2.07 during that period. The average intraday trading volume for Cia Energetica DE Minas Gerais – Cemig ADR shares is 3.78 million. The stock is currently trading -1.89% below its 20-day simple moving average (SMA20), while that difference is up 0.86% for SMA50 and it goes to -2.25% lower than SMA200.

Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) currently have 1.90B outstanding shares and institutions hold larger chunk of about 7.93% of that.

The stock has a current market capitalization of $3.47B and its 3Y-monthly beta is at 1.02. PE ratio of stock for trailing 12 months is 4.12, while it has posted earnings per share of $0.44 in the same period. It has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.56. 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 1.36% while standing at 2.21% over the month.

Stock’s fiscal year EPS is expected to drop by -46.27% while it is estimated to decrease by -4.83% in next year. EPS is likely to shrink at an annualized rate of -23.01% for next 5-years, compared to annual growth of 11.17% made by the stock over the past 5-years.

Stock get a Buy rating from HSBC Securities on November 01, 2023.

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