CIG - Companhia Energetica de Minas Gerais
| Previous Close | 3.4500 |
| Open | 3.4000 |
| Bid | 0.0000 x 47300 |
| Ask | 4.8800 x 28000 |
| Day's Range | 3.3800 - 3.4850 |
| 52 Week Range | 1.6600 - 4.1100 |
| Volume | 6,382,264 |
| Avg. Volume | 3,197,287 |
| Market Cap | 5.276B |
| Beta (3Y Monthly) | -1.52 |
| PE Ratio (TTM) | 16.24 |
| EPS (TTM) | 0.2130 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.15 (4.39%) |
| Ex-Dividend Date | 2019-05-06 |
| 1y Target Est | 3.98 |
- Moody's
Cemig Geracao e Transmissao S.A. -- Moody's affirms Cemig's global scale rating of B1; upgrades national scale rating to Baa1.br; outlook changed to positive
Moody's America Latina ("Moody's") has affirmed the baseline credit assessment (BCA) and global scale corporate family rating (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) of b1 and B1, respectively. The national scale CFR was upgraded to Baa1.br from Baa2.br.
- Reuters
Privatization of Brazilian power co Cemig may be approved this year - CEO
Privatization of Brazilian power company Companhia Energetica de Minas Gerais, known as Cemig, may be approved this year, its Chief Executive Officer told journalists on Friday. CEO Cledorvino Belini said in a press conference the government of Minas Gerais expects to send the project to state legislature this month, and have it approved by the end of the year. Belini said the state government may also seek to approve the privatization of other assets.
- PR Newswire
Cemig Files 2018 20-F Form with the SEC
BELO HORIZONTE , Brazil , May 21, 2019 /PRNewswire/ -- COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("Cemig") , a listed company with securities traded on the stock exchanges of São Paulo, New ...
- Moody's
Companhia Energetica de Minas Gerais - CEMIG -- Moody's announces completion of a periodic review of ratings of Companhia Energetica de Minas Gerais - CEMIG
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Companhia Energetica de Minas Gerais - CEMIG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Insider Monkey
Here is What Hedge Funds Think About Companhia Energética de Minas Gerais (CIG)
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
- Reuters
EMERGING MARKETS-Latam FX hit by strong dollar, stocks drop
Latin America currencies softened on Thursday against a dollar boosted by strong U.S. economic data, while Latin American stocks slid along with their global peers, with equities in Argentina and Brazil ...
- Reuters
Minas Gerais governor says privatizations could raise up to $2.4 bln
The privatization of assets in the Brazilian state of Minas Gerais could raise up to 9 billion reais ($2.35 billion), which will help plug the state’s 12 billion reais deficit but not eliminate it, Governor Romeu Zema said on Thursday. The sale of electricity company Companhia Energetica de Minas Gerais could raise 3-4 billion reais and the sale of sanitation company Copasa MG 5 billion reais, Zema told a conference in New York.
- Reuters
Police raid Brazil power company Cemig in corruption probe
Brazilian police raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais, known as Cemig, on Thursday, according to a police statement. The police said they were ...
- Reuters
Police raid headquarters of Brazilian state-controlled power co Cemig -source
Brazilian police and the country's revenue service raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais on Thursday, according to a source with knowledge of ...
- Insider Monkey
Do Hedge Funds Love Companhia Energetica Minas Gerais (CIG)?
Hedge funds and other investment firms run by legendary investors like Israel Englander and Ray Dalio are entrusted to manage billions of dollars of accredited investors’ money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to invest a […]
- Moody's
Cemig Geracao e Transmissao S.A. -- Moody's upgrades CEMIG and its subsidiaries to B1/Baa2.br; outlook stable
Moody's America Latina ("Moody's") has upgraded the corporate family ratings (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) to B1/Baa2.br from B2/Ba1.br respectively in global and national scale, concluding the review for upgrade that was initiated in September 06 2018. The ratings upgrade reflects Moody's updated views on CEMIG's baseline credit assessment (BCA) and upgrade to b1 from b2. Concomitantly, Moody's upgraded the global and national scale issuer, senior unsecured, and senior secured ratings assigned to Cemig Distribuicao S.A. (CEMIG D) and Cemig Geracao e Transmissao S.A. (CEMIG GT) to B1/Baa2.br from B2/Ba1.br.
- Zacks
Companhia Energetica (CIG) in Focus: Stock Moves 6.5% Higher
Companhia Energetica (CIG) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
- Motley Fool
Why Companhia Energetica, Companhia de Saneamento Basico, and Petrobras Stocks All Popped Today
Investors are upbeat facing the upcoming Brazilian presidential election.
- Reuters
Brazil regulators approve American Tower purchase of Cemig assets
Brazilian competition authorities have approved American Tower Corp's acquisition of telecommunications assets owned by Cia Energetica de Minas Gerais SA, the government's official bulletin said on Wednesday. ...
