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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s stock price 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 traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Read Our Latest Research Report on CYRBY

Cyrela Brazil Realty Stock Up 5.2%

The stock’s 50-day moving average price is $5.01 and its two-hundred day moving average price is $4.82. The stock has a market capitalization of $2.88 billion, a PE ratio of 7.98 and a beta of 0.53. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.07 and a current ratio of 8.07.

About Cyrela Brazil Realty

(Get Free Report)

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.

Further Reading

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