Buy $CIG - NRPicks 13 Ago

NYSE:CIG   Comp En De Mn Cemig
Companhia Energetica de Minas Gerais, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of energy in Brazil. The company operates 89 hydroelectric and solar plants with an installed capacity of 6K MW; 339K miles of distribution lines.

Revenue TTM 4.6B
Net Income TTM 596M
Cash TTM 592M
Net Margin TTM 12.8%
P/E 5.69
Dividend Yield 9.95%
P/S 0.76
P/B 1.17
Trade closed: target reached:
August 24


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