Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG) traded at a new 52-week high today of $2.97. So far today approximately 963,000 shares have been exchanged, as compared to an average 30-day volume of 5.4 million shares.
In the past 52 weeks, Comp En De Mn Cemig ADS American Depositary Shares share prices are bracketed by a low of $1.87 and a high of $2.97 and is now at $2.96, 58% above that low price.
Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company’s revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.
Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG) is currently priced 37.2% above its average consensus analyst price target of $1.86.
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