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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped down prior to trading on Monday . The stock had previously closed at $4.59, but opened at $4.15. Cyrela Brazil Realty shares last traded at $4.1350, with a volume of 6,076 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Cyrela Brazil Realty to a “hold” rating in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Cyrela Brazil Realty Stock Down 8.5%

The stock has a market capitalization of $1.61 billion, a P/E ratio of 4.57 and a beta of 0.56. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $4.42 and its 200 day simple moving average is $5.15.

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.