Companhia Energetica

CIG-N

NYSE:CIG

2.29
0.08 (3.62%)
CEMIG is a Brazilian power company headquartered in Belo Horizonte capital of the state of Minas Gerais. The company is one of the largest power generators and distributors in Brazil being responsible for 12% of the national distribution.
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Analysis and Opinions about CIG-N

Signal
Opinion
Expert
WATCH
WATCH
September 11, 2013

Brazilian company that is effectively a Hydro One with a bit of BCE. Likes the company and it is on his watch list. The big concern to him is that Latin America is continuing to move downwards. Thinks they need some stability.

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Companhia Energetica (CIG-N)
September 11, 2013

Brazilian company that is effectively a Hydro One with a bit of BCE. Likes the company and it is on his watch list. The big concern to him is that Latin America is continuing to move downwards. Thinks they need some stability.

COMMENT
COMMENT
July 25, 2013

Dividend of 14.4%, which is a little worrying. At that height, they usually need to be cut. Also, there is a big disconnect on the macro side. Brazil is a commodity driven country so their commodities are down. Currency is off in the last year by about 7%. 30% down in the last 5 years. His preferred market is probably Chile but this country does have some good opportunities.

Show full opinionHide full opinion

Dividend of 14.4%, which is a little worrying. At that height, they usually need to be cut. Also, there is a big disconnect on the macro side. Brazil is a commodity driven country so their commodities are down. Currency is off in the last year by about 7%. 30% down in the last 5 years. His preferred market is probably Chile but this country does have some good opportunities.

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Companhia Energetica(CIG-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Companhia Energetica is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Companhia Energetica(CIG-N) Frequently Asked Questions

What is Companhia Energetica stock symbol?

Companhia Energetica is a American stock, trading under the symbol CIG-N on the New York Stock Exchange (CIG). It is usually referred to as NYSE:CIG or CIG-N

Is Companhia Energetica a buy or a sell?

In the last year, there was no coverage of Companhia Energetica published on Stockchase.

Is Companhia Energetica a good investment or a top pick?

Companhia Energetica was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Companhia Energetica.

Why is Companhia Energetica stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Companhia Energetica worth watching?

In the last year, there was no coverage of Companhia Energetica published on Stockchase.

What is Companhia Energetica stock price?

On 2020-06-05, Companhia Energetica (CIG-N) stock closed at a price of $2.29.