COMPANHIA ENERG/S (NYSE:CIG.C – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $2.15 billion during the quarter.
COMPANHIA ENERG/S Stock Down 0.7%
CIG.C opened at $3.00 on Friday. The company has a 50 day moving average of $3.26 and a 200 day moving average of $3.17. COMPANHIA ENERG/S has a 12 month low of $2.35 and a 12 month high of $4.04.
COMPANHIA ENERG/S Company Profile
Companhia Energética de Minas Gerais S.A. (Cemig) is a Brazilian electric utility headquartered in Belo Horizonte, Minas Gerais. Founded in 1952, the company operates across the electricity value chain, including power generation, transmission, distribution and energy trading. Cemig’s generation portfolio includes hydroelectric, wind and solar facilities, while its transmission and distribution businesses support the delivery of electricity to customers. Through affiliated operations, the company also participates in natural gas distribution and other energy-related services.
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