Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $1.77 in the prior trading day, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) closed at $1.71, down -3.39%. In other words, the price has decreased by -$3.39 from its previous closing price. On the day, 1.35 million shares were traded. CIG stock price reached its highest trading level at $1.7599 during the session, while it also had its lowest trading level at $1.7.
Ratios:
Our goal is to gain a better understanding of CIG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CIG now has a Market Capitalization of 5314953728 and an Enterprise Value of 14594591744. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.20, and their Forward P/E ratio for the next fiscal year is 7.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.385 whereas that against EBITDA is 1.674.
Stock Price History:
The Beta on a monthly basis for CIG is 1.28, which has changed by -0.03347838 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, CIG has reached a high of $2.11, while it has fallen to a 52-week low of $1.54. The 50-Day Moving Average of the stock is -8.39%, while the 200-Day Moving Average is calculated to be -8.12%.
Shares Statistics:
The stock has traded on average 2.35M shares per day over the past 3-months and 2153060 shares per day over the last 10 days, according to various share statistics. A total of 1.90B shares are outstanding, with a floating share count of 1.90B. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.78% stake in the company. Shares short for CIG as of 1730332800 were 4068141 with a Short Ratio of 1.20, compared to 1727654400 on 5037434. Therefore, it implies a Short% of Shares Outstanding of 4068141 and a Short% of Float of 0.26.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 7.21. The current Payout Ratio is 30.20% for CIG, which recently paid a dividend on 2024-09-30 with an ex-dividend date of 1727654400. Stock splits for the company last occurred on 2024-05-24 when the company split stock in a 13:10 ratio.
