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PRNewswire (Fri, 17-Apr 4:33 PM ET)
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
Cia Energetica De Minas trades on the NYSE stock market under the symbol CIG.
As of July 10, 2026, CIG stock price climbed to $2.19 with 3,787,400 million shares trading.
CIG has a beta of 0.51, meaning it tends to be less sensitive to market movements. CIG has a correlation of 0.05 to the broad based SPY ETF.
CIG has a market cap of $6.26 billion. This is considered a Mid Cap stock.
In the last 3 years, CIG traded as high as $2.76 and as low as $1.59.
The top ETF exchange traded funds that CIG belongs to (by Net Assets): SPEM, AVEM, IGF, VXUS, VWO.
CIG has outperformed the market in the last year with a price return of +26.7% while the SPY ETF gained +22.0%. However, in the short term, CIG had mixed performance relative to the market. It has underperformed in the last 3 months, returning -13.6% vs +11.2% return in SPY. But in the last 2 weeks, CIG shares have fared better than the market returning +6.3% compared to SPY +2.7%.
CIG support price is $2.08 and resistance is $2.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CIG shares will trade within this expected range on the day.
