Comp En De Mn Cemig ADS (symbol: CIG) was one of the biggest winners of the
trading day today (2016-02-01), gaining 16.22%. The number of shares that
changed hands was 7,462,286, or about 2.2 times the average daily volume in
the stock.
The closing price was $1.72, amounting to a market cap of $2,160,000,000,
about -67.85% off the highest price in the last 12 months. The stock has
been trading at a range between $1.02 and $5.35.
CIG is in the Electric Utilities: Central industry, part of the Public
Utilities sector.
Looking at its valuation, the stock is now trading at 2.67 times earnings.
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