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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.90, but opened at $4.6530. Cyrela Brazil Realty shares last traded at $4.6250, with a volume of 192 shares.

Analyst Ratings Changes

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

Cyrela Brazil Realty Trading Down 5.6%

The stock has a 50 day moving average of $4.38 and a 200-day moving average of $4.94. The company has a market capitalization of $1.78 billion, a P/E ratio of 4.92 and a beta of 0.58. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26.

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.