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

Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $6.94, but opened at $6.45. Cyrela Brazil Realty shares last traded at $6.41, with a volume of 323 shares trading hands.

Cyrela Brazil Realty Stock Down 8.2%

The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 7.96 and a beta of 0.84. The business’s 50 day moving average is $5.55 and its 200-day moving average is $4.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.67 and a current ratio of 7.67.

Cyrela Brazil Realty (OTCMKTS:CYRBYGet Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $371.89 million for the quarter. Cyrela Brazil Realty had a net margin of 19.65% and a return on equity of 16.52%.

About Cyrela Brazil Realty

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Cyrela Brazil Realty SA Empreendimentos e Participações develops and constructs residential properties in Brazil. It also provides real estate services, such as construction management and technical consultancy services. The company was founded in 1962 and is headquartered in São Paulo, Brazil.

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