Direcional Engenharia traded at 12.30 this Friday October 9th, increasing 0.74 or 6.40 percent since the previous trading session. Looking back, over the last four weeks, Direcional Engenharia gained 12.43 percent. Over the last 12 months, its price fell by 16.10 percent. Looking ahead, we forecast Direcional Engenharia to be priced at 11.94 by the end of this quarter and at 10.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Direcional Engenharia SA is a Brazil-based company engaged in the residential real estate sector. The Company focuses on development and construction of residential housing projects, targeting the low-income segment. It mainly builds multifamily homes that form a residential district. The Company develops its activities through special partnerships (SCPs) and special purpose entities (SPEs), which are active exclusively in the real estate sector. It operates in the states of Rio de Janeiro, Sao Paulo, Rio Grande do Sul, Minas Gerais, Para and Amazonas, among others, Brazil. The Company owns numerous subsidiaries, such as Direcional Taguatinga Engenharia Ltda, Ametista Empreendimentos Imobiliarios Ltda and Malaquita Empreendimentos Imobiliarios Ltda.