In trading on Thursday, shares of Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG) crossed below their 200 day moving average of $18.29, changing hands as low as $18.04 per share. Companhia Energetica de Minas Gerais - CEMIG shares are currently trading down about 2.4% on the day. The chart below shows the one year performance of CIG shares, versus its 200 day moving average:
Looking at the chart above, CIG's low point in its 52 week range is $14.35 per share, with $21.09 as the 52 week high point — that compares with a last trade of $18.10.
CIG operates in the Electric Utilities sector, among companies like GenOn Energy Inc (GEN) which is down about 3.5% today, and Westar Energy Inc (NYSE:WR) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of CIG, versus GEN and WR.
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