Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report)'s stock 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 Analyst Weigh In
Separately, Bank of America downgraded 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 Analysis on CIG
Comp En De Mn Cemig ADS Price 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 company has a market cap of $5.48 billion, a P/E ratio of 4.12 and a beta of 1.06. The business's fifty day moving average is $1.89 and its 200 day moving average is $1.85.
Comp En De Mn Cemig ADS Company Profile
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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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