Comp En De Mn Cemig ADS (NYSE:CIG) could surge as high as $3.2


Comp En De Mn Cemig ADS (NYSE:CIG) has a 1 Year Target Estimate of $1.91. The stock traded with the volume of 6.53 Million in the last trading session. Comp En De Mn Cemig ADS opened at $2.36 and closed by showing a decrease of -3.02%. The Bid price in the last session was $2.21 x 800 and the Ask price was $2.28 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Comp En De Mn Cemig ADS has the Market Capitalization of 3.07 Billion. The Stock has its 52-week High of $3.08 and 52-Week Low of $1.02 and it touched its 52-week high on Aug 12, 2016 and 52-Week Low on Jan 20, 2016.

Comp En De Mn Cemig ADS reported its last Earnings on Nov 11 AMC where the company reported Actual EPS of $0.11/Share whereas, the Analyst Estimated EPS was $0.13/share. The difference between Actual EPS and Estimated EPS was $-0.02/share. This represented an Earnings Surprise of -15.4%.

Some analyst provided their insight on Growth Estimates; Comp En De Mn Cemig ADS has the Current Quarter Earnings Growth rate of 375%. The Next Quarter growth is expected to be -66.7%. In the past 5 years, the stock has earnings growth rate of -13.63% per annum while the Upcoming 5 year’s earnings growth rate is expected to be -9.6% per annum.

2 number of analysts also provided their insight on Comp En De Mn Cemig ADS, where the Average Price Target for the stock is $1.91. They also projected Low Price Target as $0.62 while High Price Target is set at $3.2.

A number of analysts rated the stock as well: 1 analysts believe that the stock is a STRONG BUY while 0 reported it as Buy.1 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Comp En De Mn Cemig ADS annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 10.14 and Forward Price to Earnings ratio of 7.38. The company has its Price to Sales (P/S) ratio of 0.52 where Price to Book (P/B) ratio of 0.67, Price to Cash Per share (P/C) of 3.83 and Price to Free Cash Flow (P/FCF) has a value of 8.91.

The company has its Return on Assets (ROA) of 2.3 Percent. Return on Equity (ROE) stands at 7% and Return on Investment (ROI) displays a value of 11.5%.

The stock is currently trading at Distance from 20-Day simple moving Average of -10.91% whereas, Distance from 50-Day Simple moving average is -15.44 Percent and Distance from 200-Day Simple Moving Average of 0.01 percent.

A look at performance overview of Comp En De Mn Cemig ADS depicts that Performance (Week) is -6.25 percent while Performance Month is -25.5%. Quarterly performance shows a value of -15.73% and Half Year Performance value stands at 46.1%. Yearly performance of the stock has the value of 51.52 percent. Comp En De Mn Cemig ADS has its YTD performance of 62.63 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Goldman on 17-Dec-15 who Downgrade the stock from Buy to Neutral. Other firms have also Upgraded/Downgraded the stock. On 26-Jun-15, JP Morgan took an action “Upgrade” from Underweight to Neutral. On 20-May-13, the stock was Upgrade to Buy by Standpoint Research.