Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Here’s Why
by Doug Wharley · The Cerbat GemCyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $5.23, but opened at $5.5250. Cyrela Brazil Realty shares last traded at $5.5250, with a volume of 87 shares trading hands.
Cyrela Brazil Realty Stock Performance
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 has a 50 day moving average price of $6.05 and a 200 day moving average price of $5.29. The stock has a market capitalization of $2.12 billion, a PE ratio of 6.28 and a beta of 0.71.
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.