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Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) closed the day trading at $2.41 down -2.03% from the previous closing price of $2.46. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 1.46 million shares were traded. CIG stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $2.4.
Ratios:
For a better understanding of CIG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.17. 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 5655234048 and an Enterprise Value of 12893782016. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.59, and their Forward P/E ratio for the next fiscal year is 5.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.35 whereas that against EBITDA is 1.551.
Stock Price History:
Over the past 52 weeks, CIG has reached a high of $2.61, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is 1.47%, while the 200-Day Moving Average is calculated to be 4.77%.
Shares Statistics:
Over the past 3-months, CIG traded about 2.63M shares per day on average, while over the past 10 days, CIG traded about 2143690 shares per day. A total of 1.46B shares are outstanding, with a floating share count of 1.46B. Insiders hold about 0.00% of the company’s shares, while institutions hold 10.82% stake in the company. Shares short for CIG as of 1713139200 were 1143118 with a Short Ratio of 0.43, compared to 1710460800 on 1436248.
Dividends & Splits
CIG’s forward annual dividend rate is 0.06, up from 1.42 a year ago. Against a Trailing Annual Dividend Yield of 0.57723576The stock’s 5-year Average Dividend Yield is 6.78.
