Headlines about Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) have trended positive this week, Alpha One Sentiment Analysis reports. The research firm, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cia Energetica de Minas Gerais CEMIG-ADR earned a media sentiment score of 0.36 on Alpha One’s scale. Alpha One also assigned headlines about the utilities provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have effected AlphaOne’s rankings:

CIG has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Cia Energetica de Minas Gerais CEMIG-ADR from a “sell” rating to a “hold” rating in a report on Tuesday, December 20th. JPMorgan Chase & Co. upgraded Cia Energetica de Minas Gerais CEMIG-ADR from a “neutral” rating to an “overweight” rating in a report on Friday, February 17th. Finally, Goldman Sachs Group Inc cut Cia Energetica de Minas Gerais CEMIG-ADR from a “neutral” rating to a “sell” rating in a report on Wednesday, January 4th.

Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) traded down 0.503% during trading on Tuesday, hitting $2.965. The stock had a trading volume of 2,707,790 shares. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 12.406 and a beta of 1.83. The stock’s 50-day moving average is $3.30 and its 200 day moving average is $2.79. Cia Energetica de Minas Gerais CEMIG-ADR has a one year low of $1.40 and a one year high of $3.84.

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Cia Energetica de Minas Gerais CEMIG-ADR Company Profile

Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company’s segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation.

5 Day Chart for NYSE:CIG

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