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

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up before the market opened on Wednesday . The stock had previously closed at $4.16, but opened at $4.70. Cyrela Brazil Realty shares last traded at $4.17, with a volume of 4 shares.

Analysts Set New Price Targets

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

Cyrela Brazil Realty Stock Performance

The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 4.61 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 moving average is $4.42 and its 200 day moving average is $5.16.

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.