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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $3.80, but opened at $4.05. Cyrela Brazil Realty shares last traded at $3.82, with a volume of 2,046,023 shares.

Cyrela Brazil Realty Stock Down 1.8%

The firm has a 50-day moving average of $5.48 and a two-hundred day moving average of $5.17. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 3.97 and a beta of 0.53. The company has a current ratio of 8.07, a quick ratio of 8.07 and a debt-to-equity ratio of 0.26.

Cyrela Brazil Realty Company Profile

(Get Free Report)

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. The company develops, builds and sells residential properties, with a focus on projects ranging from high-end and luxury developments to more accessible housing through its different operating brands.

Cyrela markets properties under the Cyrela, Living and Vivaz brands. Its activities include land acquisition, project planning, construction management, property sales and related customer services.

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