Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG) traded today at a new 52-week high of $2.60. So far today approximately 1.2 million shares have been exchanged, as compared to an average 30-day volume of 3.9 million shares.
In the past 52 weeks, shares of Comp En De Mn Cemig ADS American Depositary Shares have traded between a low of $1.26 and a high of $2.60 and is now at $2.52, which is 100% above that low price.
Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG) is currently priced 4.2% above its average consensus analyst price target of $2.42.
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.
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