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

Key Points

• Shares gapped up: CYRBY opened at $5.4675 after a $5.00 close, reflecting about an 8.3% jump into the session (last trade $5.3650) on light volume (738 shares).
• Strong fundamentals and recent results: Q1 EPS was $0.29 on $599M revenue with a 21.39% net margin and 19.33% ROE; the company has a $2.08B market cap, P/E of 5.76 and low debt-to-equity of 0.22.

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $5.00, but opened at $5.4675. Cyrela Brazil Realty shares last traded at $5.3650, with a volume of 738 shares trading hands.

Cyrela Brazil Realty Trading Up 8.3%

The company has a debt-to-equity ratio of 0.22, a current ratio of 8.45 and a quick ratio of 8.45. The business's 50-day moving average is $5.86 and its 200 day moving average is $5.80. The firm has a market capitalization of $2.08 billion, a P/E ratio of 5.76 and a beta of 0.70.

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

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.

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