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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $4.21, but opened at $4.40. Cyrela Brazil Realty shares last traded at $4.46, with a volume of 1,000 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded 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.com, Cyrela Brazil Realty presently has a consensus rating of “Hold”.

Cyrela Brazil Realty Trading Up 8.3%

The company has a current ratio of 9.04, a quick ratio of 4.24 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average is $4.69 and its two-hundred day moving average is $5.34. The firm has a market cap of $1.71 billion, a P/E ratio of 4.85 and a beta of 0.57.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last issued its earnings results on Thursday, May 21st. The company reported $999.00 earnings per share (EPS) for the quarter. Cyrela Brazil Realty had a net margin of 20.79% and a return on equity of 17.39%. As a group, analysts expect that Cyrela Brazil Realty SA will post 0.81 earnings per share for the current fiscal year.

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.