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

Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $5.01, but opened at $5.39. Cyrela Brazil Realty shares last traded at $5.39, with a volume of 400 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

View Our Latest Research Report on Cyrela Brazil Realty

Cyrela Brazil Realty Stock Down 2.8%

The company has a market capitalization of $1.87 billion, a PE ratio of 5.18 and a beta of 0.60. The company’s fifty day moving average is $4.48 and its 200-day moving average is $4.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04.

About Cyrela Brazil Realty

(Get Free Report)

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.

Further Reading

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