Free Trial

Comp En De Mn Cemig ADS (NYSE:CIG) Shares Gap Down - Here's What Happened

Comp En De Mn Cemig ADS logo with Utilities background

Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report)'s share price gapped down before the market opened 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 traded.

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.

Get Our Latest Stock Analysis on Comp En De Mn Cemig ADS

Comp En De Mn Cemig ADS Trading Down 3.8%

The firm has a market cap of $5.48 billion, a P/E ratio of 4.12 and a beta of 1.06. The business's 50-day moving average is $1.89 and its two-hundred day moving average is $1.84. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.06 and a quick ratio of 1.06.

Comp En De Mn Cemig ADS Company Profile

(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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Comp En De Mn Cemig ADS Right Now?

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

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines