Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Time to Buy?

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up prior to trading on Monday . The stock had previously closed at $5.01, but opened at $5.39. Cyrela Brazil Realty shares last traded at $5.39, with a volume of 400 shares.

Wall Street Analyst Weigh In

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

Cyrela Brazil Realty Price Performance

The business has a fifty day moving average price of $4.50 and a 200-day moving average price of $4.78. 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 stock has a market capitalization of $1.92 billion, a PE ratio of 5.32 and a beta of 0.60.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. Founded in 1962, the company develops, builds and sells residential properties in Brazil, with projects spanning multiple segments of the housing market.

The company operates through brands that serve different customer groups, including Cyrela for higher-end residential developments, Living for the middle-income market and Vivaz for more affordable housing.