Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – What’s Next?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $4.69, but opened at $5.00. Cyrela Brazil Realty shares last traded at $4.77, with a volume of 14 shares changing hands.

Analysts Set New Price Targets

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

Cyrela Brazil Realty Price Performance

The company has a 50-day moving average of $4.38 and a 200 day moving average of $4.96. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $1.85 billion, a PE ratio of 5.12 and a beta of 0.58.

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.