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

Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $5.65, but opened at $5.31. Cyrela Brazil Realty shares last traded at $5.31, with a volume of 3,504 shares trading hands.

Cyrela Brazil Realty Stock Performance

The stock has a market capitalization of $1.88 billion, a PE ratio of 5.56 and a beta of 0.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 8.45 and a current ratio of 8.45. The firm has a 50 day moving average of $5.86 and a 200-day moving average of $5.78.

About Cyrela Brazil Realty

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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.

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