On Monday, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) opened higher 3.68% from the last session, before settling in for the closing price of $1.90. Price fluctuations for CIG have ranged from $1.44 to $2.15 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -22.71% at the time writing. 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 25.55%, operating margin of 18.83%, and the pretax margin is 18.23%.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Insider Activity
A key investor’s attitude towards the stock of the Utilities – Diversified industry is another important factor to consider. The insider ownership of Cia Energetica DE Minas Gerais – Cemig ADR is 0.00%, while institutional ownership is 8.71%.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -22.71% per share during the next fiscal year.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Trading Performance Indicators
Check out the current performance indicators for Cia Energetica DE Minas Gerais – Cemig ADR (CIG). In the past 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 0.49. Likewise, its price to free cash flow for the trailing twelve months is 3.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.42, a number that is poised to hit 0.13 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 2.36 million, its volume of 1.22 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 47.50%. 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 52.17%, which indicates a significant decrease from 80.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.39% in the past 14 days, which was lower than the 32.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0218, while its 200-day Moving Average is $1.9152. Nevertheless, the first resistance level for the watch stands at $1.9900 in the near term. At $2.0100, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0300. If the price goes on to break the first support level at $1.9500, it is likely to go to the next support level at $1.9300. Should the price break the second support level, the third support level stands at $1.9100.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Key Stats
There are currently 2,861,782K shares outstanding in the company with a market cap of 3.75 billion. Presently, the company’s annual sales total 7,381 M according to its annual income of 1,155 M. Last quarter, the company’s sales amounted to 1,808 M and its income totaled 323,420 K.
