CEMIG (NYSE:CIG) Shares Gap Down – Should You Sell?

CEMIG ( NYSE:CIG – Get Free Report ) shares gapped down before the market opened on Friday . The stock had previously closed at $1.79, but opened at $1.

75. CEMIG shares last traded at $1.75, with a volume of 97,561 shares traded.



Analysts Set New Price Targets Separately, Scotiabank assumed coverage on shares of CEMIG in a research report on Thursday, October 31st. They issued a “sector perform” rating for the company. Get Our Latest Report on CIG CEMIG Stock Performance About CEMIG ( Get Free Report ) Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil.

The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels. Read More Receive News & Ratings for CEMIG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CEMIG and related companies with MarketBeat.com's FREE daily email newsletter .

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