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Companhia Energética de Minas Gerais

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

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

CIGNYSE
UtilitiesDiversified Utilities
$2.05
$0.01(0.49%)
U.S. Market opens in 15h 24m
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Companhia Energética de Minas Gerais (CIG)

Day Change
0.49%
0.49%
Volume (Unusual)
11.13M
31.00%
Open / Previous Close
$2.04 / $2.06
Day Range (Low / High)
$2.03 - $2.07

Summary

Companhia Energética de Minas Gerais (CIG) is trading down -0.49% at $2.05, reflecting a negative shift in investor sentiment today. The stock opened at $2.04 and has moved between $2.03 and $2.07 so far.

Trading volume is 11130591, which is 31% above its average, and the price action suggests selling interest.

Technically, CIG is trading below its 50-day moving average of $2.36 and below its 200-day moving average of $2.18, indicating short-term and long-term weakness.

Meyka's AI assigns CIG a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +4.41% in 1 month ($2.14), +1.68% in 1 year ($2.08), and +28.32% in 5 years ($2.63).

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 Technical Signals

Trading below 50-day moving average ($2.36)

Trading below 200-day moving average ($2.18)

Analyst Recommendations data is not available for CIGAnalyst Recommendations details for CIG 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

$2.14

1 Year

$2.08

3 Years

$2.36

5 Years

$2.63

B
Good61.00

Is this change significant?

5-Day:-2.14%

1-Month:-8.67%

3-Month:-9.07%

What's next?

Next earnings date: 7/30/2025

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