COMPANHIA ENERG/S (NYSE:CIG.C – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports. The business had revenue of $2.16 billion during the quarter.
COMPANHIA ENERG/S Price Performance
CIG.C stock opened at $2.84 on Friday. The company’s 50-day moving average price is $3.08 and its 200 day moving average price is $3.15. COMPANHIA ENERG/S has a 52 week low of $2.35 and a 52 week high of $4.00.
About COMPANHIA ENERG/S
Companhia Energética de Minas Gerais SA (NYSE: CIG.C), commonly known as CEMIG, is one of Brazil’s leading integrated power companies. Headquartered in Belo Horizonte, the company traces its origins back to 1952 and has grown into a major player in electricity generation, transmission and distribution. Through its diversified portfolio of hydroelectric, thermal and renewable energy facilities, CEMIG serves both regulated and free‐market customers across multiple Brazilian states.
CEMIG operates a generation fleet that includes large hydroelectric plants on the São Francisco, Jequitaí and Rio Grande river basins, as well as natural gas–fired and wind power facilities.
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