The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $2.58 in the prior trading day, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) closed at $2.56, down -0.78%. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 0.84 million shares were traded. CIG stock price reached its highest trading level at $2.565 during the session, while it also had its lowest trading level at $2.505.
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 10.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.33.
On November 01, 2023, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $2.90.
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 7323340288 and an Enterprise Value of 14913863680. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.34, and their Forward P/E ratio for the next fiscal year is 8.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 0.405 whereas that against EBITDA is 1.794.
Stock Price History:
Over the past 52 weeks, CIG has reached a high of $2.68, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is 5.55%, while the 200-Day Moving Average is calculated to be 11.03%.
Shares Statistics:
The stock has traded on average 2.50M shares per day over the past 3-months and 1697170 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 8.41% stake in the company. Shares short for CIG as of 1713139200 were 1143118 with a Short Ratio of 0.46, compared to 1710460800 on 1436248.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.42325583The stock’s 5-year Average Dividend Yield is 6.87.
