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

Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $7.00, but opened at $6.20. Cyrela Brazil Realty shares last traded at $6.67, with a volume of 3,700 shares changing hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Cyrela Brazil Realty

Cyrela Brazil Realty Stock Up 2.2%

The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 7.11 and a beta of 0.53. The stock has a fifty day moving average of $4.90 and a two-hundred day moving average of $4.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 8.07.

Cyrela Brazil Realty Company Profile

(Get Free Report)

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development company focused primarily on the development, construction and sale of residential properties. Its portfolio includes apartments and other housing projects serving a range of market segments, including luxury, mid-market and affordable housing.

The company operates through brands that include Cyrela, Living and Vivaz, with projects designed for different customer profiles and price categories.

See Also

Receive News & Ratings for Cyrela Brazil Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyrela Brazil Realty and related companies with MarketBeat.com's FREE daily email newsletter.