Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Down – Here’s What Happened
by Mitch Edgeman · The Markets DailyCyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $5.0950, but opened at $4.75. Cyrela Brazil Realty shares last traded at $5.10, with a volume of 121 shares trading hands.
Cyrela Brazil Realty Stock Up 2.5%
The company has a debt-to-equity ratio of 0.22, a quick ratio of 8.45 and a current ratio of 8.45. The firm has a 50 day simple moving average of $5.93 and a two-hundred day simple moving average of $5.39. The stock has a market cap of $1.96 billion, a P/E ratio of 5.81 and a beta of 0.69.
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.