Comp En De Mn Cemig ADS Stock News

Companhia Energética de Minas Gerais continues its aggressive investment path. This is possible due to a strong balance sheet and strong cash flow generation.

With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers rep

Companhia Energética de Minas Gerais (NYSE:CIG ) Q3 2022 Earnings Conference Call November 16, 2022 1:00 PM ET Company Participants Carolina Sena - Investor Relations, Superintendent Reynaldo Passane

Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2022 Earnings Conference Call August 16, 2022 2:00 PM ET Company Participants Carolina Sena – Investor Relations, Superintendent Leonardo George

It's important to have a diversified portfolio. You'll see that my portfolios run the gamut — there are large-cap names, growth stocks and momentum plays, but you'll also find some lesser known stoc

When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.

Companhia Energetica de Minas Gerais (NYSE:CIG ) Q1 2022 Earnings Conference Call May 16, 2022 9:00 AM ET Company Participants Carolina Senna - Superintendent of Investor Relations Reynaldo Passanezi

U.S. markets suffered a bloodbath on Monday. The S&P 500 index fell below 4,000 to finish at its lowest point in a year, the Nasdaq Composite plunged by 4.3% and the Dow Jones industrials lost 2.0%.

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Comp En De Mn Cemig with ticker code (CIG) now have 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 2.99 and 2.9 with a mean TP of 2.95. Now with the previous closing price of 2.62 this now indicates there is a potential upside of 12.6%. There is a 50 day moving average of 2.43 and the 200 day MA is 2.43. The market capitalisation for the company is $4,841m. Find out more information at: https://www.cemig.com.br [stock_market_widget type="chart" template="basic" color="green" assets=CIG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,451m based on the market concensus. Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH ) is "one of the worst performers in the market," which has one of the best CEOs. With everything starting to open globally, he recommends buying the stock. Cramer said he likes Companhia Energetica de Minas Gerais (NYSE: CIG ) as it’s an interesting spec and he believes … Full story available on Benzinga.com

Comp En De Mn Cemig with ticker code (CIG) now have 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 2.99 and 2.9 with the average target price sitting at 2.95. With the stocks previous close at 2.56 this now indicates there is a potential upside of 15.2%. The day 50 moving average is 2.42 and the 200 day moving average is 2.43. The company has a market capitalisation of $4,730m. Company Website: https://www.cemig.com.br [stock_market_widget type="chart" template="basic" color="green" assets=CIG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,451m based on the market concensus. Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines.

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CEMIG (NYSE:CIG) shares gapped down before the market opened on Wednesday . The stock had previously closed at $2.41, but opened at $2.33. CEMIG shares last traded at $2.29, with a volume of 55,961 shares traded. The companys fifty day moving average price is $2.41 and its 200 day moving average price is $2.42. The []

Comp En De Mn Cemig with ticker code (CIG) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 2.99 and 2.9 with a mean TP of 2.94. Now with the previous closing price of 2.47 this indicates there is a potential upside of 19.0%. The day 50 moving average is 2.44 and the 200 day MA is 2.37. The company has a market cap of $4,686m. Find out more information at: https://www.cemig.com.br [stock_market_widget type="chart" symbol="CIG" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 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.