Shares of COMPANHIA ENERG/S (NYSE:CIG.C – Get Free Report) were down 2.7% on Tuesday . The stock traded as low as $2.57 and last traded at $2.57. Approximately 6,949 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 14,579 shares. The stock had previously closed at $2.64.
COMPANHIA ENERG/S Stock Performance
The business’s 50-day simple moving average is $2.38 and its 200 day simple moving average is $2.63.
About COMPANHIA ENERG/S
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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