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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up prior to trading on Monday. The stock had previously closed at $7.13, but opened at $7.4520. Cyrela Brazil Realty shares last traded at $7.50, with a volume of 114 shares.

Analyst Ratings Changes

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, Cyrela Brazil Realty has a consensus rating of “Hold”.

Cyrela Brazil Realty Stock Down 5.5%

The company has a market cap of $2.65 billion, a P/E ratio of 7.34 and a beta of 0.53. The company has a 50 day moving average of $5.11 and a 200-day moving average of $4.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 8.07.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development company focused primarily on the development, construction and sale of residential properties. Its portfolio includes apartments and other housing projects serving a range of market segments, including luxury, mid-market and affordable housing.

The company operates through brands that include Cyrela, Living and Vivaz, with projects designed for different customer profiles and price categories.