Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $1.90. Within the past 52 weeks, CIG’s price has moved between $1.46 and $2.15.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 5.37%. The company achieved an average annual earnings per share of -17.71%. With a float of $1.90 billion, this company’s outstanding shares have now reached $1.90 billion.
The extent of productivity of a business whose workforce counts for 4918 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.71% per share during the next fiscal year.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Trading Performance Indicators
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) is currently performing well based on its current performance indicators. A quick ratio of 1.04 was reported for the most recent quarter. 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 3.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Cia Energetica DE Minas Gerais – Cemig ADR (CIG)
The latest stats from [Cia Energetica DE Minas Gerais – Cemig ADR, CIG] show that its last 5-days average volume of 2.18 million was inferior to 2.36 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.00%. Additionally, its Average True Range was 0.06.
During the past 100 days, Cia Energetica DE Minas Gerais – Cemig ADR’s (CIG) raw stochastic average was set at 30.95%, which indicates a significant increase from 9.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.21% in the past 14 days, which was lower than the 32.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9694, while its 200-day Moving Average is $1.9422. Now, the first resistance to watch is $1.9267. This is followed by the second major resistance level at $1.9533. The third major resistance level sits at $1.9667. If the price goes on to break the first support level at $1.8867, it is likely to go to the next support level at $1.8733. The third support level lies at $1.8467 if the price breaches the second support level.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Key Stats
Market capitalization of the company is 3.62 billion based on 2,861,782K outstanding shares. Right now, sales total 7,381 M and income totals 1,155 M. The company made 1,808 M in profit during its latest quarter, and 323,420 K in sales during its previous quarter.
