Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Still a Buy?

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) gapped up before the market opened on Tuesday . The stock had previously closed at $4.9450, but opened at $5.49. Cyrela Brazil Realty shares last traded at $5.49, with a volume of 14 shares.

Analysts Set New Price Targets

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

Cyrela Brazil Realty Stock Up 7.0%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The firm has a market cap of $1.94 billion, a PE ratio of 5.37 and a beta of 0.60. The stock has a fifty day moving average price of $4.43 and a 200-day moving average price of $4.84.

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.