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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $6.6830, but opened at $5.85. Cyrela Brazil Realty shares last traded at $6.60, with a volume of 787 shares trading hands.

Cyrela Brazil Realty Trading Down 1.1%

The business has a fifty day moving average price of $5.78 and a two-hundred day moving average price of $5.70. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $2.45 billion, a PE ratio of 7.26 and a beta of 0.67.

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.