Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $1.99, but opened at $1.95. Comp En De Mn Cemig ADS shares last traded at $1.95, with a volume of 188,171 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Bank of America lowered Comp En De Mn Cemig ADS from a "neutral" rating to an "underperform" rating in a research report on Tuesday, April 1st.
View Our Latest Report on CIG
Comp En De Mn Cemig ADS Stock Performance
The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $5.45 billion, a price-to-earnings ratio of 4.10 and a beta of 1.06. The company has a 50-day moving average of $1.89 and a 200-day moving average of $1.85.
About Comp En De Mn Cemig ADS
(
Get Free Report)
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels.
Further Reading
Before you consider Comp En De Mn Cemig ADS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comp En De Mn Cemig ADS wasn't on the list.
While Comp En De Mn Cemig ADS currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.