Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Down – What’s Next?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $5.4920, but opened at $5.2350. Cyrela Brazil Realty shares last traded at $5.22, with a volume of 105 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Cyrela Brazil Realty has a consensus rating of “Hold”.

Cyrela Brazil Realty Trading Down 1.7%

The company has a debt-to-equity ratio of 0.26, a current ratio of 9.04 and a quick ratio of 9.04. The business’s fifty day simple moving average is $4.59 and its 200 day simple moving average is $4.76. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 5.55 and a beta of 0.60.

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.