CIG.C

Companhia Energetica de Minas Gerais SA Sponsored ADR · NYSE

Performance

-1.65%

1W

-7.72%

1M

-9.61%

3M

+10.73%

6M

+5.79%

YTD

+10.42%

1Y

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, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 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.

Technical Analysis of CIG.C 2024-12-20

The stock indicators reflect a bearish sentiment overall, with the Moving Average Score at 23 indicating strong bearish momentum, while the Technical Score of 36 further supports this outlook. The Oscillators Score of 50 suggests a neutral position, but it does not outweigh the prevailing bearish signals from the other indicators.
Technical Scores and Rating

Moving Average Score

Oscillator Score

Technical Rating

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Stock Analysis of CIG.C

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Recent News & Updates

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