As on July 13, 2021, Companhia Energetica de Minas Gerais (NYSE: CIG) started slowly as it slid -2.17% to $2.25. During the day, the stock rose to $2.29 and sunk to $2.24 before settling in for the price of $2.30 at the close. Taking a more long-term approach, CIG posted a 52-week range of $1.56-$2.74.The Utilities sector firm’s twelve-monthly sales growth has been 2.90% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 1.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.60%. This publicly-traded company’s shares outstanding now amounts to $1.89 billion, simultaneously with a float of $1.30 billion. The organization now has a market capitalization sitting at $4.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.43, while the 200-day Moving Average is $2.36.
It is quite necessary to find out the efficiency of the corporate organization, which has 5334 number of employees on its payroll. It has generated 4,801,604 per worker during the last fiscal year. Meanwhile, its income per employee was 545,129. The stock had 3.60 Receivables turnover and 0.49 Total Asset turnover. For the Profitability, stocks gross margin was +20.85, operating margin was +18.02 and Pretax Margin of +13.65.
Companhia Energetica de Minas Gerais (CIG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Diversified industry. Companhia Energetica de Minas Gerais’s current insider ownership accounts for 1.00%, in contrast to 23.20% institutional ownership.
Companhia Energetica de Minas Gerais (CIG) Earnings and Revenue Records
This company achieved a net margin of +11.35 while generating a return on equity of 17.17.
Companhia Energetica de Minas Gerais’s EPS decrease for this current 12-month fiscal period is -3.60% and is forecasted to reach 0.45 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by 0.00% through the next 5 years, which can be compared against the 1.50% growth it accomplished over the previous five years trading on the market.
Companhia Energetica de Minas Gerais (NYSE: CIG) Trading Performance Indicators
Let’s observe the current performance indicators for Companhia Energetica de Minas Gerais (CIG). The Stock has managed to achieve an average true range (ATR) of 0.08. Alongside those numbers, its PE Ratio stands at $6.06, and its Beta score is 0.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.83. Similarly, its price to free cash flow for trailing twelve months is now 3.54.
In the same vein, CIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.37, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.45 at the market close of one year from today.
Technical Analysis of Companhia Energetica de Minas Gerais (CIG)
Through scrutinizing the latest numbers posted by the [Companhia Energetica de Minas Gerais, CIG], it can be observed that its last 5-days Average volume of 4.27 million was lower the volume of 8.41 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 28.57% While, its Average True Range was 0.08.
Raw Stochastic average of Companhia Energetica de Minas Gerais (CIG) in the period of the previous 100 days is set at 37.97%, which indicates a major rise in contrast to 20.51% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.07% that was lower than 43.71% volatility it exhibited in the past 100-days period.