COMPANHIA ENERG/S (NYSE:CIG.C)’s share price dropped 1.2% on Tuesday . The company traded as low as $4.21 and last traded at $4.21, approximately 403 shares changed hands during trading. A decline of 14% from the average daily volume of 471 shares. The stock had previously closed at $4.26.
The business has a fifty day moving average price of $3.71 and a 200 day moving average price of $3.96.
About COMPANHIA ENERG/S (NYSE:CIG.C)
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. As of December 31, 2017, the company operated 117 hydroelectric, thermoelectric, and wind plants with an installed capacity of 5.7 GW; 38 substations and 4,927 km of transmission lines; and 529,873 km of distribution networks and 17,301 km of distribution lines.
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