The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cia Energetica DE Minas Gerais – Cemig ADR’s current trading price is -10.47% away from its 52-week high, while its distance from the 52-week low is 32.02%. The stock’s price range for this period has been between $1.46 and $2.15 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 2.44 million for the day, a number notably higher than the average daily volume of 1.95 million over the last three months.
Cia Energetica DE Minas Gerais – Cemig ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.15 on 08/23/24, while the lowest price for the same period was registered at $1.46 on 12/11/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) has experienced a quarterly decline of -5.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.67B and boasts a workforce of 4918 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9984, with a change in price of -0.0200. Similarly, Cia Energetica DE Minas Gerais – Cemig ADR recorded 1,878,721 in trading volume during the last 100 days, posting a change of -1.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CIG stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.35.
CIG Stock Stochastic Average
Cia Energetica DE Minas Gerais – Cemig ADR’s raw stochastic average for the past 50 days is presently 16.00%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 16.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.16% and 39.88%, respectively.
CIG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 15.77% this year. Over the last six months, there has been a weaker performance of 6.09%. The price of CIG leaped by -0.26% during the last 30 days period. For the last 5-days stocks have slided -3.27%.
