Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) currently has a daily average trading volume of 3.75M but it saw 4136926 shares traded in last market. With a market cap of 3.47B USD, the company’s current market price of $1.82 came rising about 0.55 while comparing to the previous closing price of $1.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.07 and as low as $1.59.
Taking a look at 20-day trading activity of Cia Energetica DE Minas Gerais – Cemig ADR (CIG) gives us an average price of $1.8380, while its current price level is -12.24% below from 52-week high level whereas it is 14.47% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.8210 while that of 200 days or SMA-200 reads an average of $1.9142. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.01% during that period while stretching the period over a month that increases to 2.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.79 which implies that the stock is in neutral territory.
Over the week, CIG’s stock price is moving -5.21% down while it is 7.06% when we observe its performance for the past one month. Year-to-date it is 4.74% up and over the past year, the stock is showing an upside performance of 3.00%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.21. In next quarter, company is expected to be making quarterly sales of $8.8B as analysts are expecting the sales for current fiscal year at $35.39B and seeing the company making $34.49B in sales next year. Moreover, analysts are in estimates of $8.7B for current-quarter revenue.
Currently, Cia Energetica DE Minas Gerais – Cemig ADR’s total number of outstanding shares is 1.90B with 0.00% of that held by the insiders while 8.18% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 17.71% and return on equity (ROE) at 26.38%. It has a price to earnings ratio (P/E ratio) of 4.12 while having a 8.17 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is 11.17% on average.
