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Companhia Energética de Minas Gerais

Why Is Companhia Energética de Minas Gerais (CIG-C) Stock Down Today?

Live update on CIG-C's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

CIG-CNYSE
UtilitiesDiversified Utilities
$2.94
$0.18(5.77%)
U.S. Market opens in 16h 20m
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Companhia Energética de Minas Gerais (CIG-C)

Day Change
5.77%
5.77%
Volume
4.35K
4.00%
Open / Previous Close
$3.09 / $3.12
Day Range (Low / High)
$2.94 - $3.09

Summary

Companhia Energética de Minas Gerais (CIG-C) is trading down -5.77% at $2.94, reflecting a negative shift in investor sentiment today. The stock opened at $3.09 and has moved between $2.94 and $3.09 so far.

Trading volume is 4347, which is 4% above its average, and the price action suggests selling interest.

Technically, CIG-C is trading below its 50-day moving average of $3.34 and above its 200-day moving average of $2.91, indicating short-term weakness but long-term strength.

Meyka's AI assigns CIG-C a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -5.61% in 1 month ($2.78), -3.61% in 1 year ($2.83), and +33.26% in 5 years ($3.92).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

CIG-C Technical Signals

Trading below 50-day moving average ($3.34)

Trading over 200-day moving average ($2.91)

Analyst Recommendations data is not available for CIG-CAnalyst Recommendations details for CIG-C are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$2.78

1 Year

$2.83

3 Years

$3.37

5 Years

$3.92

B
Good61.00

Is this change significant?

5-Day:-5.16%

1-Month:-10.37%

3-Month:-1.34%

What's next?

Next earnings date: 7/30/2025

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