MRVE3.SA : Summary for MRV ON NM - Yahoo Finance

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MRV Engenharia e Participações S.A. (MRVE3.SA)

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
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15.43+0.45 (+3.00%)
At close: 5:07PM BRT
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Previous Close14.98
Bid15.03 x
Ask15.60 x
Day's Range14.95 - 15.57
52 Week Range9.63 - 15.68
Avg. Volume2,515,220
Market Cap6.81B
PE Ratio (TTM)12.28
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters6 days ago

    Brazil's MRV Q1 home sales, starts rise while Cyrela slips

    Homebuilder MRV Engenharia SA on Monday reported a rise in first-quarter net sales and record housing starts, helped by slowing sales cancellations as management declared a turning point after years of economic crisis in Brazil. By contrast, Cyrela Brazil Realty SA, which warned of high levels of sales cancellations in the quarter, reported slipping sales and flat housing starts. The divergence, reported in separate securities filings, underscores how the performance of builders of affordable housing in Brazil hinges on the ability to contain a surge in canceled sales due to rising unemployment amid a lingering recession.

  • Reuterslast month

    Brazil's MRV launches company's largest-ever housing project

    MRV Participações SA has launched its largest housing project ever, with 1.6 billion reais of estimated sales value, as Brazil's largest builder of low-income housing expands its foothold in the country's ...

  • Reuterslast month

    Real estate in Brazil's biggest market to rebound in 2017 -industry

    Real estate activity in the greater São Paulo area, Brazil's largest market, should rebound this year as interest rates fall and the government pushes through key economic reforms, a construction industry group said on Tuesday. Housing starts and sales should grow between 5 percent and 10 percent, Secovi-SP chief economist Celso Petrucci said, adding that those figures may be revised upwards by mid-year. The improved outlook would be good news for Cyrela Brazil Realty SA, MRV Engenharia e Participações SA and Eztec Empreendimentos e Participações SA , some of Brazil's largest home builders.