Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) closed the day trading at $1.82 down -0.55% from the previous closing price of $1.83. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.37 million shares were traded. CIG stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.8.
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 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.87. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.36.
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 5982850048 and an Enterprise Value of 15664097280. As of this moment, Cia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.95, and their Forward P/E ratio for the next fiscal year is 7.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.393 whereas that against EBITDA is 1.663.
Stock Price History:
The Beta on a monthly basis for CIG is 0.98, which has changed by -0.05219114 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, CIG has reached a high of $2.07, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -1.40%, while the 200-Day Moving Average is calculated to be -1.60%.
Shares Statistics:
Over the past 3-months, CIG traded about 2.97M shares per day on average, while over the past 10 days, CIG traded about 8123990 shares per day. 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 8.58% stake in the company. Shares short for CIG as of 1741910400 were 1730917 with a Short Ratio of 0.58, compared to 1739491200 on 2258881. Therefore, it implies a Short% of Shares Outstanding of 1730917 and a Short% of Float of 0.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.71584696The stock’s 5-year Average Dividend Yield is 7.14. The current Payout Ratio is 40.39% for CIG, which recently paid a dividend on 2024-09-30 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 2024-05-24 when the company split stock in a 13:10 ratio.
