On Friday, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) opened lower -3.91% from the last session, before settling in for the closing price of $1.79. Price fluctuations for CIG have ranged from $1.54 to $2.11 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 5.19%. Company’s average yearly earnings per share was noted -17.10% at the time writing. 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 23.3%, operating margin of 0.05%, and the pretax margin is 44.77%.
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) Insider and Institutional Ownership
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 8.79%.
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 -17.10% 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 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 2.95.
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 0.25 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 1.93 million was superior to 1.79 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.65%. 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 4.08%, which indicates a significant decrease from 10.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.40% in the past 14 days, which was higher than the 34.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9086, while its 200-day Moving Average is $1.9438. Now, the first resistance to watch is $1.7467. This is followed by the second major resistance level at $1.7733. The third major resistance level sits at $1.7967. If the price goes on to break the first support level at $1.6967, it is likely to go to the next support level at $1.6733. The third support level lies at $1.6467 if the price breaches the second support level.
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 3.28 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 1,830 M and its income totaled 591,420 K.
