Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Here’s Why

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $5.65, but opened at $5.85. Cyrela Brazil Realty shares last traded at $5.60, with a volume of 18,656 shares trading hands.

Cyrela Brazil Realty Price Performance

The company has a 50 day moving average price of $5.84 and a 200-day moving average price of $5.79. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 6.24 and a beta of 0.70. The company has a quick ratio of 8.45, a current ratio of 8.45 and a debt-to-equity ratio of 0.22.

Cyrela Brazil Realty Company Profile

(Get Free Report)

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.

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