Companhia de Saneamento de Minas Gerais traded at 49.39 this Wednesday November 4th, increasing 2.13 or 4.51 percent since the previous trading session. Looking back, over the last four weeks, Companhia de Saneamento de Minas Gerais gained 19.07 percent. Over the last 12 months, its price rose by 29.09 percent. Looking ahead, we forecast Companhia de Saneamento de Minas Gerais to be priced at 46.56 by the end of this quarter and at 42.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Companhia de Saneamento de Minas Gerais Copasa MG, formerly Companhia Mineira de Agua e Esgoto - Comag, is a Brazil-based company engaged in the water supply and sanitation services. The Company''s activities are divided into three business segments: Water services, Sewage services and Sale of products. The Water services division focuses on managing water supply system and distributing water through mains in the state of Minas Gerais, Brazil. The Sewage services division is responsible for the collection, treatment and disposal of waste water. The Sale of products division includes producing, bottling, distributing and selling mineral water. In addition, the Company renders construction, improvement and repair services in the water utilities infrastructure. It operates through a number of subsidiaries, such as Copasa Servicos de Saneamento Integrado do Norte e Nordeste de Minas Gerais SA, Copasa Servicos de Irrigacao SA and Copasa Aguas Minerais de Minas SA.