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CIG-C | Companhia Energética de Minas Gerais Stock Overview

(Stock Exchange: NYSE)
Day's Range 2.3300 - 2.3900
52 Week Range 1.9923 - 2.7615
Beta N/A
Implied Volatility N/A
IV Rank N/A
Day's Volume 41,096
Average Volume 4,436
Shares Outstanding 2,434,984,006
Market Cap 5,819,611,774
Sector Utilities
Industry Diversified Utilities
IPO Date 2007-06-12
Valuation
Profitability
Growth
Health
P/E Ratio 7.03
Forward P/E Ratio N/A
EPS 0.34
1YR Price Target N/A
Dividend Yield 4.97%
Dividend Per Share 0.1187
Dividend ExDate N/A
Dividend PayDate N/A
Employees 4,918
Country Brazil
Website CIG-C
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
CIG-C's peers: ACLLF, CMNR, ARAO, AESC, CDUAF, EONGY, ENGIY, AES, SRE, ELP, MNTK, NWE, OTTR
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Analyzing fundamentals for CIG-C we got that it has strong fundamentals where Valuation is considered to be significantly undervalued, Profitability is stunning wealthy, Growth is exceptionally good and Health is passable. For more detailed analysis please see CIG-C Fundamentals page.

Watching at CIG-C technicals we can see that long-term trend is bullish, while middle-term trend is bearish, as well as bearish short-term trend. More technicals details can be found on CIG-C Technicals page.
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