COMPANHIA ENERG/S (NYSE:CIG.C) shares traded down 4.1% during trading on Tuesday . The company traded as low as $3.14 and last traded at $3.28, 500 shares changed hands during trading. A decline of 85% from the average session volume of 3,416 shares. The stock had previously closed at $3.42.
The company’s 50-day moving average price is $3.51 and its two-hundred day moving average price is $4.10.
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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