stoxline Quote Chart Rank Option Currency Glossary
Companhia Energética de Minas Gerais (CIG)
2.185  0.035 (1.63%)    11-29 10:25
Open: 2.2
High: 2.21
Volume: 624,207
Pre. Close: 2.15
Low: 2.18
Market Cap: 5,648(M)
Technical analysis
2023-11-29 9:45:12 AM
Short term     
Mid term     
Targets 6-month :  2.92 1-year :  3.21
Resists First :  2.5 Second :  2.75
Pivot price 2.47
Supports First :  2.1 Second :  1.75
MAs MA(5) :  2.17 MA(20) :  2.48
MA(100) :  2.46 MA(250) :  2.32
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  6.2 D(3) :  5.7
RSI RSI(14): 34.5
52-week High :  2.75 Low :  1.88
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ CIG ] has closed above bottom band by 17.1%. Bollinger Bands are 198.9% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 4 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 2.19 - 2.2 2.2 - 2.21
Low: 2.11 - 2.13 2.13 - 2.15
Close: 2.12 - 2.15 2.15 - 2.18
Company Description

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Headline News

Mon, 27 Nov 2023
Cia Energetica DE Minas Gerais - Cemig - ADR - Level II (CIG.C ... - Nasdaq

Fri, 24 Nov 2023
Utilities Stocks Moving Friday: EDN, PAM, CEPU, ARIS, CIG, CIG.C, RNW, CWEN - InvestorsObserver

Fri, 24 Nov 2023
Bitfarms And Other Big Stocks Moving Lower On Friday By Benzinga - UK

Fri, 24 Nov 2023
Broadcom To Rally More Than 23%? Here Are 10 Top Analyst ... - UK

Fri, 24 Nov 2023
Premarket Mover: Companhia Energetica Minas Gerais ADR Repstg One Pref Shs (CIG) Up 0.88% - InvestorsObserver

Wed, 22 Nov 2023
Utilities Stocks Moving Up and Down Wednesday: NFE, GNE, ORA, BIPC, CIG, RNW, EE, NRGV - InvestorsObserver

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Shares Out 2,200 (M)
Shares Float 1,830 (M)
Held by Insiders 0 (%)
Held by Institutions 14.4 (%)
Shares Short 1,170 (K)
Shares Short P.Month 1,370 (K)
Stock Financials
EPS 0.49
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 11.1
Profit Margin 14.4 %
Operating Margin 17.1 %
Return on Assets (ttm) 7.3 %
Return on Equity (ttm) 23.2 %
Qtrly Rev. Growth 2.2 %
Gross Profit (p.s.) 2.39
Sales Per Share 16.65
EBITDA (p.s.) 3.48
Qtrly Earnings Growth 4.5 %
Operating Cash Flow 5,810 (M)
Levered Free Cash Flow -520 (M)
Stock Valuations
PE Ratio 4.44
PEG Ratio 0
Price to Book value 0.19
Price to Sales 0.13
Price to Cash Flow 0.82
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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