On Tuesday, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) was -1.03% drop from the session before settling in for the closing price of $1.94. A 52-week range for CIG has been $1.44 – $2.15.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 5.37%. When this article was written, the company’s average yearly earnings per share was at -22.31%. With a float of $1.90 billion, this company’s outstanding shares have now reached $1.90 billion.
Considering the fact that the conglomerate employs 4918 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.8%, operating margin of 18.36%, and the pretax margin is 18.23%.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cia Energetica DE Minas Gerais – Cemig ADR stocks. The insider ownership of Cia Energetica DE Minas Gerais – Cemig ADR is 0.00%, while institutional ownership is 8.76%.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.31% per share during the next fiscal year.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Trading Performance Indicators
You can see what Cia Energetica DE Minas Gerais – Cemig ADR (CIG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 3.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.42, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Cia Energetica DE Minas Gerais – Cemig ADR (CIG)
Compared to the last year’s volume of 2.35 million, its volume of 1.09 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 26.18%. Additionally, its Average True Range was 0.05.
During the past 100 days, Cia Energetica DE Minas Gerais – Cemig ADR’s (CIG) raw stochastic average was set at 41.30%, which indicates a significant increase from 13.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.42% in the past 14 days, which was lower than the 33.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0552, while its 200-day Moving Average is $1.9106. Nevertheless, the first resistance level for the watch stands at $1.9400 in the near term. At $1.9600, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9800. If the price goes on to break the first support level at $1.9000, it is likely to go to the next support level at $1.8800. Now, if the price goes above the second support level, the third support stands at $1.8600.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Key Stats
There are 2,861,782K outstanding shares of the company, which has a market capitalization of 3.66 billion. As of now, sales total 7,381 M while income totals 1,155 M. Its latest quarter income was 1,808 M while its last quarter net income were 323,420 K.
