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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $6.40, but opened at $6.00. Cyrela Brazil Realty shares last traded at $6.00, with a volume of 100 shares changing hands.

Cyrela Brazil Realty Trading Up 7.0%

The business’s 50-day simple moving average is $5.77 and its 200-day simple moving average is $5.46. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 7.78 and a beta of 0.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 8.45 and a current ratio of 8.45.

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.