COMPANHIA ENERG/S (NYSE:CIG.C) Issues Earnings Results

COMPANHIA ENERG/S (NYSE:CIG.CGet Free Report) posted its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports. The company had revenue of $2.16 billion for the quarter.

COMPANHIA ENERG/S Stock Performance

Shares of CIG.C traded up $0.03 during trading hours on Friday, hitting $2.84. 10,490 shares of the company were exchanged, compared to its average volume of 4,498. COMPANHIA ENERG/S has a fifty-two week low of $2.35 and a fifty-two week high of $4.00. The firm’s fifty day moving average is $3.08 and its 200 day moving average is $3.15.

About COMPANHIA ENERG/S

(Get Free Report)

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.

Read More

Receive News & Ratings for COMPANHIA ENERG/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COMPANHIA ENERG/S and related companies with MarketBeat.com's FREE daily email newsletter.