Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up - Still a Buy?

Key Points

• Cyrela Brazil Realty shares experienced a significant increase, opening at $5.70 compared to a previous close of $4.37, marking a rise of 28.6%.
• The company's latest quarterly earnings report showed an earnings per share (EPS) of $0.19 and revenues of $371.89 million, with a net margin of 19.65%.
• Cyrela Brazil Realty maintains a strong liquidity position, indicated by a quick ratio and current ratio of 7.67 and a debt-to-equity ratio of 0.21.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $4.37, but opened at $5.70. Cyrela Brazil Realty shares last traded at $5.74, with a volume of 1,800 shares changing hands.

Cyrela Brazil Realty Stock Up 28.6%

The company has a quick ratio of 7.67, a current ratio of 7.67 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $2.16 billion, a PE ratio of 7.03 and a beta of 0.81. The stock has a 50-day moving average of $5.00 and a 200 day moving average of $4.62.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported $0.19 EPS for the quarter. The company had revenue of $371.89 million during the quarter. Cyrela Brazil Realty had a return on equity of 16.52% and a net margin of 19.65%.

Cyrela Brazil Realty Company Profile

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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