Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) flaunted slowness of -6.84% at $1.77, before settling in for the price of $1.90 at the close. Taking a more long-term approach, CIG posted a 52-week range of $1.55-$2.15.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Utilities sector posted annual sales growth of 5.37% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 19.94%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -16.15%. This publicly-traded company’s shares outstanding now amounts to $1.90 billion, simultaneously with a float of $1.90 billion. The organization now has a market capitalization sitting at $3.37 billion. At the time of writing, stock’s 50-day Moving Average stood at $1.9506, while the 200-day Moving Average is $1.9440.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Cia Energetica DE Minas Gerais – Cemig ADR industry. Cia Energetica DE Minas Gerais – Cemig ADR’s current insider ownership accounts for 0.00%, in contrast to 8.81% institutional ownership.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Earnings and Revenue Records
Cia Energetica DE Minas Gerais – Cemig ADR’s EPS decrease for this current 12-month fiscal period is -16.15% and is forecasted to reach 0.26 in the upcoming year.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Trading Performance Indicators
Let’s observe the current performance indicators for Cia Energetica DE Minas Gerais – Cemig ADR (CIG). It’s Quick Ratio in the last reported quarter now stands at 1.04. The Stock has managed to achieve an average true range (ATR) of 0.07. Alongside those numbers, its PE Ratio stands at $3.31, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.45. Similarly, its price to free cash flow for trailing twelve months is now 3.04.
In the same vein, CIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.53, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.26 at the market close of one year from today.
Technical Analysis of Cia Energetica DE Minas Gerais – Cemig ADR (CIG)
Now, what If we examine the latest scores posted by [Cia Energetica DE Minas Gerais – Cemig ADR, CIG]. During the last 5-days, its volume was better the volume of 2.4 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.78% While, its Average True Range was 0.0697.
Raw Stochastic average of Cia Energetica DE Minas Gerais – Cemig ADR (CIG) in the period of the previous 100 days is set at 4.55%, which indicates a major fall in contrast to 8.70% 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 41.88% that was higher than 34.45% volatility it exhibited in the past 100-days period.
