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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped down prior to trading on Friday . The stock had previously closed at $5.38, but opened at $5.0825. Cyrela Brazil Realty shares last traded at $5.0650, with a volume of 174 shares trading hands.

Cyrela Brazil Realty Trading Down 3.8%

The stock has a market cap of $1.99 billion, a P/E ratio of 5.50 and a beta of 0.70. The company has a debt-to-equity ratio of 0.22, a current ratio of 8.45 and a quick ratio of 8.45. The business’s 50 day simple moving average is $5.87 and its 200 day simple moving average is $5.79.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last released its quarterly earnings data on Thursday, March 19th. The company reported $0.29 earnings per share for the quarter. Cyrela Brazil Realty had a return on equity of 19.33% and a net margin of 21.39%.The company had revenue of $599.00 million for the quarter.

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.