Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report)'s stock price 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 trading hands.
Wall Street Analyst Weigh In
Separately, Bank of America cut Comp En De Mn Cemig ADS from a "neutral" rating to an "underperform" rating in a report on Tuesday, April 1st.
View Our Latest Stock Report on CIG
Comp En De Mn Cemig ADS Trading Up 0.3%
The business's 50-day simple moving average is $1.89 and its two-hundred day simple moving average is $1.85. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 4.12 and a beta of 1.06. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.46.
About Comp En De Mn Cemig ADS
(
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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.
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