user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 514580 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Cia Energetica de Minas Gerais: New 52-Week Low Set Today (CIG)

Published on Fri, 06/07/2013 - 14:21
By Peter Chu

Shares of Cia Energetica de Minas Gerais (NYSE:CIG) traded at a new 52-week low today of $9.82. So far today approximately 2.7 million shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.

In the past 52 weeks, shares of Cia Energetica de Minas Gerais have traded between the current low of $9.82 and a high of $19.97 and are now at $9.85. The 200-day and 50-day moving averages have moved 1.49% lower and 0.67% lower over the past week, respectively.

Companhia Energetica de Minas Gerais- CEMIG generates, transmits, and distributes electricity in the Brazilian State of Minas Gerais. Cemig serves industrial, commercial, residential, and rural customers. The Company generates electricity primarily through hydroelectric plants.

Potential upside of 39.6% exists for Cia Energetica de Minas Gerais, based on a current level of $9.85 and analysts' average consensus price target of $13.75. The stock should find initial resistance at its 50-day moving average (MA) of $11.45 and further resistance at its 200-day MA of $12.25.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

WR Berkley: The Winning Streak Continues...

WR Berkley (NYSE:WRB) traded at a new 52-week high today of $48.45. Approximately 250, ...

Watch for Continued Gains in Shares of W...

WPX Energy (NYSE:WPX) traded today at a new 52-week high of $26.06. So far today appro ...

Watch for Continued Gains in Shares of V...

Shares of VCA Antech (NASDAQ:WOOF) traded at a new 52-week high today of $39.85. This ...

Shares of Whiting Petroleum Rise to a Ne...

Shares of Whiting Petroleum (NYSE:WLL) traded today at $92.22, breaking its 52-week hig ...

Watch for Continued Gains in Shares of V...

VF Corp (NYSE:VFC) traded today at a new 52-week high of $64.74. This new high was rea ...

Recent 52-Week High Exceeded in Shares o...

Shares of Visteon (NYSE:VC) traded at a new 52-week high today of $102.04. Approximate ...

Watch for Continued Gains in Shares of U...

URS (NYSE:URS) traded today at a new 52-week high of $60.73. This new high was reached ...

Watch for Continued Gains in Shares of U...

Universal Health Services (NYSE:UHS) traded at a new 52-week high today of $114.11. Th ...