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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up before the market opened on Thursday . The stock had previously closed at $4.27, but opened at $4.85. Cyrela Brazil Realty shares last traded at $4.14, with a volume of 21 shares.

Analyst Ratings Changes

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

Cyrela Brazil Realty Stock Down 14.2%

The firm has a market cap of $1.60 billion, a P/E ratio of 4.52 and a beta of 0.57. The firm’s fifty day moving average is $4.82 and its 200 day moving average is $5.44. The company has a debt-to-equity ratio of 0.63, a quick ratio of 4.24 and a current ratio of 4.24.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last released its quarterly earnings results on Thursday, May 21st. The company reported $999.00 earnings per share for the quarter. Cyrela Brazil Realty had a net margin of 20.79% and a return on equity of 17.90%. As a group, equities research analysts anticipate that Cyrela Brazil Realty SA will post 0.81 earnings per share for the current fiscal year.

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.