Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up - Here's What Happened

Key Points

• Cyrela Brazil Realty's share price rose from a previous close of $4.31 to $4.60 at open, eventually trading at $4.43 with a volume of 284 shares.
• The company reported earnings of $0.15 per share for the quarter with a revenue of $333.06 million, showcasing a net margin of 20.57%.
• Cyrela Brazil Realty has a solid financial position with a debt-to-equity ratio of 0.24 and a current ratio of 7.93.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $4.31, but opened at $4.60. Cyrela Brazil Realty shares last traded at $4.43, with a volume of 284 shares changing hands.

Cyrela Brazil Realty Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 7.93 and a current ratio of 7.93. The business's 50 day simple moving average is $4.53 and its 200-day simple moving average is $4.22. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 5.39 and a beta of 0.73.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $333.06 million during the quarter. Cyrela Brazil Realty had a net margin of 20.57% and a return on equity of 17.84%.

About Cyrela Brazil Realty

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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