CIG - Companhia Energética de Minas Gerais

NYSE - NYSE Delayed price. Currency in USD
2.49
+0.06 (+2.47%)
At close: 4:02PM EDT
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Previous close2.43
Open2.40
Bid2.25 x 4000
Ask2.55 x 400
Day's range2.37 - 2.50
52-week range1.89 - 3.09
Volume7,461,815
Avg. volume4,070,579
Market cap3.236B
Beta1.98
PE ratio (TTM)12.21
EPS (TTM)0.20
Earnings dateN/A
Forward dividend & yield0.08 (3.16%)
Ex-dividend date2017-05-15
1y target est3.10
Trade prices are not sourced from all markets
  • Telefonica Brasil to expand ultra-fast broadband to 20 new cities
    Reuters10 days ago

    Telefonica Brasil to expand ultra-fast broadband to 20 new cities

    Telefonica Brasil SA will expand ultra-fast fiber-to-the-home (FTTH) broadband service to more than 20 new cities in 2018 as Brazil's largest telecommunications firm eyes ambitious growth among wealthier clients, a top executive told Reuters. Chief Operating Officer Christian Gebara said in an interview that the number of homes with access to the company's FTTH network will more than double to almost 15 million in the next three years from the current seven million. Telefonica Brasil, which operates under the Vivo brand, is among a number of telecoms firms in Latin America's largest economy focusing on fixed-line broadband as the mobile market becomes saturated.

  • Reuters10 days ago

    Telefonica Brasil to expand ultra-fast broadband to 20 new cities

    Telefonica Brasil SA will expand ultra-fast fiber-to-the-home (FTTH) broadband service to more than 20 new cities in 2018 as Brazil's largest telecommunications firm eyes ambitious growth among wealthier clients, a top executive told Reuters. Chief Operating Officer Christian Gebara said in an interview that the number of homes with access to the company's FTTH network will more than double to almost 15 million in the next three years from the current seven million. Telefonica Brasil, which operates under the Vivo brand, is among a number of telecoms firms in Latin America's largest economy focusing on fixed-line broadband as the mobile market becomes saturated.

  • Companhia Energetica (CIG) Incurs Loss in Q3 on High Costs
    Zacks5 months ago

    Companhia Energetica (CIG) Incurs Loss in Q3 on High Costs

    Companhia Energetica de Minas Gerais' (CIG) third-quarter 2017 bottom-line results suffered from rise in operating expenses and equity method losses.

  • Reuters7 months ago

    Exclusive: Brazil's Minas state to oust Cemig CEO Alvarenga, sources say

    The No. 1 shareholder in Cia Energética de Minas Gerais SA has decided to oust Chief Executive Bernardo Alvarenga and three senior executives after the debt-laden power utility lost control of four dams and took too long to shed assets, two people directly involved in the matter said on Friday. The Brazilian sate of Minas state, which has 51 percent voting control of the utility known as Cemig, will announce the ouster of Alvarenga and three senior vice presidents after their replacements have been found, one of the people said.

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