Gafisa SA (OTCMKTS:GFASY – Get Free Report) shares were up 153.3% during trading on Tuesday . The company traded as high as $0.38 and last traded at $0.38. 5,877 shares traded hands during mid-day trading, an increase of 130,500% from the average daily volume of 4 shares. The stock had previously closed at $0.15.
Gafisa Stock Performance
The company has a 50 day moving average of $0.28 and a 200 day moving average of $0.17.
About Gafisa
Gafisa SA is a Brazil-based real estate development company founded in 1954 and headquartered in São Paulo. The company is principally engaged in the development, construction and sale of residential properties. It operates across multiple stages of the real estate value chain, including land acquisition, project design, construction management, sales and marketing, and post-sales customer service.
Gafisa’s core offerings focus on medium- and high-income residential segments, with a portfolio that includes mid-rise and high-rise apartment complexes, condominiums and mixed-use developments.
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