MRV Engenharia e Participacoes SA traded at 4.71 this Wednesday August 5th, increasing 0.09 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, MRV Engenharia e Participacoes gained 11.30 percent. Over the last 12 months, its price fell by 26.06 percent. Looking ahead, we forecast MRV Engenharia e Participacoes SA to be priced at 4.60 by the end of this quarter and at 4.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
MRV Engenharia e Participacoes SA is a Brazil-based company engaged in the real estate development sector. The Company's activities are divided into three business segments: Real estate development (Residential), which is active in the development, construction and sale of own and third-party real estate; Investment property (LOG), which focuses on the construction and rental, under operating leases, of industrial warehouses, shopping malls and strip malls, as well as subdivision and sale of industrial land, and Urban land subdivisions (Urbamais), which is responsible for the development and sale of residential and commercial urban land subdivisions. The Company’s project developments and construction works are carried out directly by the Company or through its partnerships and special purpose entities. Its subsidiaries include MDI Desenvolvimento Imobiliario Ltda, MRV Construcoes Ltda and Urbamais Propriedades e Participacoes SA, among others.