The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 8.56%.However, over the last six months, we can see a stronger performance of -5.51%. Over the last 30 days, the price of CIG has fallen by 0.08%. And in the last five days, it has fallen by -0.95%.
Cia Energetica DE Minas Gerais – Cemig ADR experienced a rather steady stock market performance. The highest value in the past year was recorded at $2.11 on 08/23/24 and the lowest value was $1.55 on 01/17/25.
52-week price history of CIG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cia Energetica DE Minas Gerais – Cemig ADR’s current trading price is -9.03% away from its 52-week high, while its distance from the 52-week low is 24.04%. The stock’s price range during this period has varied between$1.55 and $2.11. The Cia Energetica DE Minas Gerais – Cemig ADR’s shares, which operate in the Utilities, saw a trading volume of around 1.02 million for the day, a figure considerably lower than their average daily volume of 1.99 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cia Energetica DE Minas Gerais – Cemig ADR (CIG) has experienced a quarterly rise of 2.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.66B and boasts a workforce of 4918 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8939, with a change in price of -0.0261. Similarly, Cia Energetica DE Minas Gerais – Cemig ADR recorded 2,146,809 in trading volume during the last 100 days, posting a change of -1.34%.
CIG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 73.09%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 59.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 54.59% and 53.65%, respectively.
