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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.97 million shares were traded. CIG stock price reached its highest trading level at $1.92 during the session, while it also had its lowest trading level at $1.89.
Ratios:
For a deeper understanding of Cia Energetica DE Minas Gerais – Cemig ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.28. 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.
HSBC Securities Upgraded its Hold to Buy on November 01, 2023, while the target price for the stock was maintained at $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 6150600704 and an Enterprise Value of 14594591744. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.57, and their Forward P/E ratio for the next fiscal year is 7.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 0.385 whereas that against EBITDA is 1.674.
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 $1.46. The 50-Day Moving Average of the stock is -3.84%, while the 200-Day Moving Average is calculated to be 1.93%.
Shares Statistics:
For the past three months, CIG has traded an average of 2.00M shares per day and 2918890 over the past ten days. 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 8.75% stake in the company. Shares short for CIG as of 1730332800 were 4068141 with a Short Ratio of 2.28, 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.
