Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Down – Should You Sell?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price gapped down before the market opened on Tuesday. The stock had previously closed at $5.45, but opened at $5.0950. Cyrela Brazil Realty shares last traded at $5.0950, with a volume of 20 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Cyrela Brazil Realty presently has an average rating of “Hold”.

Cyrela Brazil Realty Price Performance

The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 5.41 and a beta of 0.60. The company has a quick ratio of 8.07, a current ratio of 8.07 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average of $4.66 and a 200-day moving average of $4.76.

About Cyrela Brazil Realty

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.