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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $4.16, but opened at $4.70. Cyrela Brazil Realty shares last traded at $4.17, with a volume of 4 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cyrela Brazil Realty has an average rating of “Hold”.

Cyrela Brazil Realty Stock Performance

The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average of $4.42 and a 200 day moving average of $5.16. The company has a market cap of $1.63 billion, a P/E ratio of 4.61 and a beta of 0.56.

Cyrela Brazil Realty Company Profile

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.