CIG
Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd · NYSE
- Sector Utilities
- Industry Electric Utilities
- Website cemig.com.br
- Employees(FY) 4969
- ISIN US2044096012
Performance
+1.95%
1W
+10.73%
1M
+15.94%
3M
+2.55%
6M
+15.94%
YTD
+19.85%
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.
Investment Analysis Report: CIG
Overview
In this investment analysis report, we will delve into a comprehensive analysis of CIG, a company operating in the Utilities sector within the Electric Utilities industry. We will analyze the company's financial health, earnings and revenue growth, profitability, operating margin, operating cash flow, cap...
Technical Analysis of CIG 2024-05-10
Overview:
In analyzing the technical indicators for CIG over the last 5 days, we will delve into the trend, momentum, volatility, and volume indicators to provide a comprehensive outlook on the possible stock price movement in the coming days. By examining these key aspects, we aim to offer valuable insights and predictions to guide investment d...
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