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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) shares gapped down prior to trading on Thursday . The stock had previously closed at $4.90, but opened at $4.6530. Cyrela Brazil Realty shares last traded at $4.6250, with a volume of 192 shares.

Wall Street Analyst Weigh In

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

Cyrela Brazil Realty Stock Performance

The stock’s 50-day moving average price is $4.38 and its 200-day moving average price is $4.93. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.69 billion, a P/E ratio of 4.69 and a beta of 0.58.

About Cyrela Brazil Realty

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.