🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Energy of Minas Gerais Co (CIGN)

Mexico
Currency in MXN
40.620
0.000(0.00%)
Closed
CIGN Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
Trading near 52-week High
Fair Value
Day's Range
40.62040.620
52 wk Range
29.15440.620
Bid/Ask
-
Prev. Close
40.62
Open
40.62
Day's Range
40.62-40.62
52 wk Range
29.154-40.62
Volume
28
Average Volume (3m)
53
1-Year Change
22.8%
Fair Value
Unlock
Fair Value Upside
Unlock
CIGN Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
2.100
Upside
+6.599%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low earnings multiple
Show more

Energy of Minas Gerais Co Company Profile

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; 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.

Sector
Utilities
Employees
4918

Compare CIGN to Peers and Sector

Metrics to compare
CIGN
Peers
Sector
Relationship
P/E Ratio
6.0x9.4x11.9x
PEG Ratio
0.420.080.02
Price/Book
1.3x1.4x1.3x
Price / LTM Sales
0.9x1.1x1.6x
Upside (Analyst Target)
-21.8%16.0%
Fair Value Upside
Unlock−4.1%1.3%Unlock

FAQ

What Is the Energy of Minas Gerais Co (CIGN) Stock Price Today?

The Energy of Minas Gerais Co stock price today is 40.62

What Stock Exchange Does Energy of Minas Gerais Co Trade On?

Energy of Minas Gerais Co is listed and trades on the Mexico stock exchange.

What Is the Stock Symbol for Energy of Minas Gerais Co?

The stock symbol for Energy of Minas Gerais Co is "CIGN."

Does Energy of Minas Gerais Co Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 13.33%.

What Is the Energy of Minas Gerais Co Market Cap?

As of today, Energy of Minas Gerais Co market cap is 126.65B.

What is Energy of Minas Gerais Co Earnings Per Share?

The Energy of Minas Gerais Co EPS is 2.08.

From a Technical Analysis Perspective, Is CIGN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.