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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.07 million shares were traded. CIG stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $2.06.
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 7.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 6457461248 and an Enterprise Value of 14565987328. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.95, and their Forward P/E ratio for the next fiscal year is 7.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.385 whereas that against EBITDA is 1.671.
Stock Price History:
Over the past 52 weeks, CIG has reached a high of $2.15, while it has fallen to a 52-week low of $1.44. The 50-Day Moving Average of the stock is 4.94%, while the 200-Day Moving Average is calculated to be 15.52%.
Shares Statistics:
Over the past 3-months, CIG traded about 1.69M shares per day on average, while over the past 10 days, CIG traded about 1124200 shares per day. A total of 2.48B 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 1724976000 were 4802109 with a Short Ratio of 2.83, compared to 1722384000 on 5137039. Therefore, it implies a Short% of Shares Outstanding of 4802109 and a Short% of Float of 0.31.
Dividends & Splits
CIG’s forward annual dividend rate is 0.03, up from 1.092 a year ago. Against a Trailing Annual Dividend Yield of 0.5300971The stock’s 5-year Average Dividend Yield is 7.16.
