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Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Down - Here's Why

Cyrela Brazil Realty logo with Finance background
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Key Points

  • Shares gapped down: Cyrela Brazil Realty closed at $5.38 and opened Friday at $5.0825, last trading at $5.0650 on very light volume (174 shares).
  • Solid fundamentals and recent earnings: The company has a $1.99B market cap, P/E of 5.50, high liquidity (quick/current ratios 8.45), low debt-to-equity (0.22), and reported quarterly EPS of $0.29 on $599M revenue with a 21.39% net margin and 19.33% ROE.
  • MarketBeat previews the top five stocks to own by May 1st.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $5.38, but opened at $5.0825. Cyrela Brazil Realty shares last traded at $5.0650, with a volume of 174 shares trading hands.

Cyrela Brazil Realty Price Performance

The company has a quick ratio of 8.45, a current ratio of 8.45 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.99 billion, a P/E ratio of 5.50 and a beta of 0.70. The company's 50-day simple moving average is $5.87 and its 200 day simple moving average is $5.79.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last issued its quarterly earnings data on Thursday, March 19th. The company reported $0.29 EPS for the quarter. The business had revenue of $599.00 million for the quarter. Cyrela Brazil Realty had a return on equity of 19.33% and a net margin of 21.39%.

About Cyrela Brazil Realty

(Get Free Report)

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.

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