Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.84 and traded as high as $1.92. Comp En De Mn Cemig ADS shares last traded at $1.92, with a volume of 2,188,459 shares.
Wall Street Analysts Forecast Growth
Separately, Bank of America downgraded 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 Stock Report 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 stock has a 50-day moving average price of $1.86 and a 200 day moving average price of $1.84. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of 4.12 and a beta of 1.07.
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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