Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s stock price dropped 4.9% during mid-day trading on Friday . The stock traded as low as $4.66 and last traded at $4.66. Approximately 322 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 8,731 shares. The stock had previously closed at $4.90.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Analysis on CYRBY
Cyrela Brazil Realty Trading Down 8.2%
About Cyrela Brazil Realty
Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.
The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.
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