Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Should You Buy?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up prior to trading on Monday . The stock had previously closed at $5.01, but opened at $5.39. Cyrela Brazil Realty shares last traded at $5.39, with a volume of 400 shares traded.

Analyst Upgrades and Downgrades

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, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Cyrela Brazil Realty Stock Down 2.8%

The firm has a market cap of $1.87 billion, a P/E ratio of 5.18 and a beta of 0.60. The company’s 50-day simple moving average is $4.48 and its 200 day simple moving average is $4.80. The company has a debt-to-equity ratio of 0.26, a current ratio of 9.04 and a quick ratio of 9.04.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. Founded in 1962, the company develops, builds and sells residential properties in Brazil, with projects spanning multiple segments of the housing market.

The company operates through brands that serve different customer groups, including Cyrela for higher-end residential developments, Living for the middle-income market and Vivaz for more affordable housing.