Companhia Energética de Minas Gerais

Last price update: 28 Mar 24 22:00 GMT

Price:
$2.47
Open:
$2.49
Previous close:
$2.47
Day's range:
$2.46 - $2.53
Year's range:
$2.11 - $2.75
Net Income per Share:
0.48
Price-to-Earnings ratio:
5.15
52-week Price Range:
$2.32
Volume:
$2,011,379.00
Average volume:
$2,531,036.00

Company profile for Companhia Energética de Minas Gerais

Companhia Energética de Minas Gerais logo

CEMIG, through its subsidiaries, operates in the production, transmission, delivery, and sale of electrical power in Brazil. As of December 2021, the company runs 70 hydroelectric, wind, and solar facilities with a combined capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. They are also involved in the purchase, transportation, and sale of energy. The transportation, distribution, and sale of gas, sub-products, and derivatives; the provision of cloud solutions, IT infrastructure, IT management, and cybersecurity services; the design, installation, and management of technology systems for public concessions; the trading of energy; the provision of telecommunications services; and the generation, storage, and management of energy efficiency, account services, and cogeneration are all activities carried out. The company came into existence in 1952 and is based in Belo Horizonte, Brazil.

Stock exchanges:
NYSE
Sector:
Utilities
Industries:
Diversified Utilities
Ticker:
CIG
CIK:
0001157557
ISIN:
US2044096012
Website:
https://www.cemig.com.br
Phone:
55 31 3506 5024
Origin:
Brazil
Employees:
4,969