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

Key Points

• Cyrela Brazil Realty's share price gapped up from $4.04 to $5.20 before settling at $5.13, indicating a notable increase in investor interest.
• The company reported a strong Q2 earnings with earnings per share of $0.19 and revenue of $371.89 million, alongside a return on equity of 16.52%.
• With a market cap of $2.00 billion and a P/E ratio of 6.50, Cyrela's financial ratios show a solid foundation for potential investors.

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 $4.04, but opened at $5.20. Cyrela Brazil Realty shares last traded at $5.13, with a volume of 1,777 shares trading hands.

Cyrela Brazil Realty Trading Up 28.7%

The firm has a 50-day moving average of $5.15 and a 200 day moving average of $4.70. The company has a market cap of $2.00 billion, a P/E ratio of 6.50 and a beta of 0.81. The company has a current ratio of 7.67, a quick ratio of 7.67 and a debt-to-equity ratio of 0.21.

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

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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