2.43

0.83% +0.02

Cia Energetica DE Minas Gerais - Cemig ADR (CIG)

Overview News Price History Option Chain Why CIG Down? Discussions Forecast Stock Split Dividend History

Cia Energetica DE Minas Gerais - Cemig ADR stock is currently priced at $2.43, with a 24-hour trading volume of 666.52K. It has seen a +0.83% increased in the last 24 hours and a -1.62% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $2.42 pivot point. If it approaches the $2.44 resistance level, significant changes may occur.

Previous Close:

$2.41

Open:

$2.45

24h Volume:

666.52K

Market Cap:

$5.36B

Revenue:

$7.12B

Net Income/Loss:

$1.04B

P/E Ratio:

5.2677

EPS:

0.4613

Net Cash Flow:

$1.19B

1W Performance:

-2.02%

1M Performance:

-1.62%

6M Performance:

+1.67%

1Y Performance:

+1.25%

1D Range:

$2.43

$2.46

52W Range:

$2.11

$2.75

Cia Energetica DE Minas Gerais - Cemig ADR Stock (CIG) Company Profile

Name

Cia Energetica DE Minas Gerais - Cemig ADR

Sector

Utilities (111)

Industry

Utilities - Diversified (1)

Phone

55 31 3506 5024

Address

Avenida Barbacena, 1200, Belo Horizonte, MG

Employee

5,899

Twitter

@cemig_energia

Next Earnings Date

Latest SEC Filings

CIG's Discussions on Twitter

Cia Energetica DE Minas Gerais - Cemig ADR Stock (CIG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-24-23	Downgrade	BofA Securities	Buy → Neutral
Nov-01-23	Upgrade	HSBC Securities	Hold → Buy
Sep-20-23	Upgrade	BofA Securities	Neutral → Buy
Nov-14-19	Initiated	Goldman	Buy
Apr-10-19	Upgrade	JP Morgan	Neutral → Overweight
Jan-16-19	Downgrade	Citigroup	Neutral → Sell
Jan-03-19	Downgrade	Goldman	Neutral → Sell
Oct-18-18	Downgrade	UBS	Buy → Neutral
Apr-04-18	Downgrade	JP Morgan	Overweight → Neutral
Nov-27-17	Upgrade	JP Morgan	Neutral → Overweight
Jul-14-17	Upgrade	Goldman	Sell → Neutral
Jun-22-17	Upgrade	Morgan Stanley	Underweight → Overweight
Apr-26-17	Downgrade	JP Morgan	Overweight → Neutral
Dec-17-15	Downgrade	Goldman	Buy → Neutral
Jun-26-15	Upgrade	JP Morgan	Underweight → Neutral
May-20-13	Upgrade	Standpoint Research	Hold → Buy
Nov-30-12	Upgrade	Standpoint Research	Hold → Buy
Oct-03-12	Downgrade	Barclays	Overweight → Equal Weight
Sep-06-11	Upgrade	Standpoint Research	Hold → Buy
Mar-30-11	Downgrade	Standpoint Research	Buy → Hold
Feb-05-10	Upgrade	Standpoint Research	Hold → Buy
Dec-11-09	Downgrade	JP Morgan	Overweight → Neutral
Dec-03-09	Downgrade	Standpoint Research	Buy → Hold

View All

Cia Energetica DE Minas Gerais - Cemig ADR Stock (CIG) Latest News

B of A Securities Downgrades Cia Energetica DE Minas: Here's What You Need To Know

Benzinga

Bitfarms And Other Big Stocks Moving Lower On Friday

Benzinga

Cia Energetica DE Minas Gerais - Cemig ADR Stock (CIG) Financials Data

Cia Energetica DE Minas Gerais - Cemig ADR (CIG) Revenue 2024

CIG reported a revenue (TTM) of $7.12 billion for the quarter ending September 30, 2023, a +6.85% rise year-over-year.

Cia Energetica DE Minas Gerais - Cemig ADR (CIG) Net Income 2024

CIG net income (TTM) was $1.04 billion for the quarter ending September 30, 2023, a +51.68% increase year-over-year.

Cia Energetica DE Minas Gerais - Cemig ADR (CIG) Cash Flow 2024

CIG recorded a free cash flow (TTM) of $1.19 billion for the quarter ending September 30, 2023, a +28.42% increase year-over-year.

Cia Energetica DE Minas Gerais - Cemig ADR (CIG) Earnings per Share 2024

CIG earnings per share (TTM) was $0.4739 for the quarter ending September 30, 2023, a +52.82% growth year-over-year.

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. As of December 31, 2017, the company operated 117 hydroelectric, thermoelectric, and wind plants with an installed capacity of 5.7 GW; 38 substations and 4,927 km of transmission lines; and 529,873 km of distribution networks and 17,301 km of distribution lines. It is also involved in the natural gas distribution; sale and trading of electricity; energy and technological solutions businesses; provision of telecommunications and data center service activities; and operation of solar energy plants. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.