A share price of Cia Energetica DE Minas Gerais – Cemig ADR [CIG] is currently trading at $2.0, up 2.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CIG shares have gain 5.26% over the last week, with a monthly amount drifted -4.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cia Energetica DE Minas Gerais – Cemig ADR [NYSE: CIG] stock has seen the most recent analyst activity on April 01, 2025, when BofA Securities downgraded its rating to a Underperform. Previously, HSBC Securities downgraded its rating to Hold on January 10, 2025. On October 31, 2024, Scotiabank initiated with a Sector Perform rating. BofA Securities downgraded its rating to a Neutral. HSBC Securities upgraded its rating to a Buy but $2.90 remained the price target by the analyst firm on November 01, 2023. BofA Securities upgraded its rating to Buy for this stock on September 20, 2023. In a note dated November 14, 2019, Goldman initiated an Buy rating.
Cia Energetica DE Minas Gerais – Cemig ADR experienced fluctuations in its stock price throughout the past year between $1.59 and $2.15. Currently, Wall Street analysts expect the stock to reach $2.1 within the next 12 months. Cia Energetica DE Minas Gerais – Cemig ADR [NYSE: CIG] shares were valued at $2.0 at the most recent close of the market. An investor can expect a potential return of 5.0% based on the average CIG price forecast.
Analyzing the CIG fundamentals
Trailing Twelve Months sales for Cia Energetica DE Minas Gerais – Cemig ADR [NYSE:CIG] were 7.33B which represents 5.15% growth. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.23 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.97 points at the first support level, and at 1.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.02, and for the 2nd resistance point, it is at 2.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cia Energetica DE Minas Gerais – Cemig ADR [NYSE:CIG] is 1.00. As well, the Quick Ratio is 1.00, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 4.98.
