Comp En De Mn Cemig ADS Stock News

CEMIG (NYSE:CIG)s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.43 and traded as high as $2.51. CEMIG shares last traded at $2.47, with a volume of 5,337,918 shares changing hands. The stock has a 50 day moving []

Companhia Energetica de Minas Gerais (NYSE:CIG) price closed higher on Tuesday, December 07, jumping 2.52% above its previous close. >> 7 Top Picks for the Post-Pandemic Economy > 7 Top Picks for the Post-Pandemic Economy

Comp En De Mn Cemig with ticker code (CIG) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 2.99 and 2.9 calculating the average target price we see 2.94. With the stocks previous close at 2.42 this now indicates there is a potential upside of 21.5%. There is a 50 day moving average of 2.45 and the 200 day MA is 2.37. The company has a market cap of $4,451m. Visit the company website 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.

Li Auto Inc. (LI) with the stream of -15.95% also noticed, India Companhia Energetica de Minas Gerais (CIG) encountered a rapid change of 2.98% in the last hour of Fridays The post Momentum Technology Stock: Li Auto Inc. (NASDAQ:LI), Companhia Energetica de Minas Gerais (NYSE:CIG) appeared first on Stocks Equity .

JD.com, Inc. (JD) with the stream of 2.00% also noticed, India Companhia Energetica de Minas Gerais (CIG) encountered a rapid change of -2.27% in the last hour of Tuesdays trading The post Todays Hot Mover: JD.com, Inc. (NASDAQ:JD), Companhia Energetica de Minas Gerais (NYSE:CIG) appeared first on Stocks Equity .

Shares of CEMIG (NYSE:CIG) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.42 and traded as high as $2.58. CEMIG shares last traded at $2.53, with a volume of 4,796,364 shares traded. The company has a debt-to-equity ratio of 0.61, a current ratio of []

Companhia Energética de Minas Gerais' (CIG) CEO Reynaldo Passanezi Filho on Q3 2021 Results - Earnings Call Transcript

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2021 Results - Earnings Call Transcript

The company actually reported an impressive set of first quarter numbers, although doubts remain regarding future profitability. The market has not rewarded the stock yet for the transition it is unde

Companhia Energética de Minas Gerais's (CIG) CEO Reynaldo Passanezi Filho on Q1 2021 Results - Earnings Call Transcript

Improving the fixed asset turnover ratio demonstrates that the company is improving its efficiency.

Profitability has dropped a lot this year but expectations remain strong going forward. Assets have been shrinking on the balance sheet but cash flow generation remains strong.

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q3 2020 Results - Earnings Call Transcript

CEMIG's payout has withered over the years, and now, payments have been postponed as a result of COVID-19.

Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2020 Earnings Conference Call August 17, 2020 1:00 P.M.