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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $4.69, but opened at $5.00. Cyrela Brazil Realty shares last traded at $4.77, with a volume of 14 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised 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 MarketBeat, Cyrela Brazil Realty has a consensus rating of “Hold”.

Cyrela Brazil Realty Trading Down 0.4%

The company has a market capitalization of $1.87 billion, a P/E ratio of 5.19 and a beta of 0.58. The company has a 50-day simple moving average of $4.38 and a 200 day simple moving average of $4.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04.

Cyrela Brazil Realty Company Profile

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.