Published: Tue, May 09, 2017
Business | By Max Garcia

Companhia Energetica de Minas Gerais S.A. (CIG) Closed at $3.01


Companhia Energetica de Minas Gerais S.A. (CIG) added 4.51% to reach $3.01 in the previous trading session. The firm has a market cap of $3.54 billion, a PE ratio of 11.76 and a beta of 1.83. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. Its Current ratio for most recent quarter of 0.70. The stock climbed 1.41 percent over the past quarter, while surged 0.3 percent over the past six months.

The company is expected to report earnings of $0.03 a share for the next quarter.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Companhia Energetica de Minas Gerais S.A. the EPS stands at 0.07 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.07, suggesting the stock fell short of the analysts' expectations.

Now the shares of Companhia Energetica de Minas Gerais S.A. (CIG) has a trading volume of 5.79 Million shares, with an average trading volume of 6230 shares - with shares dropping to a 52 week low of $1.34, and the company's shares hitting a 52 week high of $ 3.84. Apart From other items, net loss for the quarter was $63 million, or $0.17 per share.

Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock.

According to sentiments of 1 analyst the company is expected to report revenues of $1.39B for the current quarter. The Higher end of the revenue forecast is $1.44 Billion, while the Lower end of the forecast is $1.44 Billion. The company reported revenue of $0 in the same period a year ago.

Brokers have set a one year consensus target price of $3.20 for the company, according to Zacks.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Cia Energetica de Minas Gerais (NYSE:CIG) shares were trading -25.00% below from the 52-week high mark of $3.84 and 114.21% above from the 52-week bottom of $1.34.

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. Moving averages can have different lengths though, so one may indicate an uptrend while another indicates a downtrend.

The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Cia Energetica de Minas Gerais CEMIG-ADR's rating score has declined by 100% in the last 90 days as a result of a number of analysts' upgrades and downgrades. Management has seen a return on assets of 0.80%, and also a return on investment of 6.30%. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/05/08/somewhat-favorable-press-coverage-very-unlikely-to-impact-cia-energetica-de-minas-gerais-cemig-adr-cig-stock-price-updated.html. The company now has a Return on Equity (ROE) of 2.50% and a Return on Investment (ROI) of 6.30%. Investors measure stock performance on the basis of a company's earnings power. Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

While looking at the Stock's Performance, Companhia Energetica de Minas Gerais S.A. now shows a Weekly Performance of 6.44%, where Monthly Performance is -11.08%, Quarterly performance is -3.77%, 6 Months performance is 4.13% and yearly performance percentage is 71.11%. The company's year to date (YTD) performance is at 26.32%.

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