Cyrela Brazil Realty (OTCMKTS:CYRBY) Trading 6.1% Higher – Time to Buy?

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBYGet Free Report) shot up 6.1% during mid-day trading on Wednesday . The stock traded as high as $5.01 and last traded at $5.01. Approximately 2 shares traded hands during trading, a decline of 100% from the average daily volume of 10,079 shares. The stock had previously closed at $4.72.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cyrela Brazil Realty has a consensus rating of “Hold”.

Read Our Latest Stock Report on Cyrela Brazil Realty

Cyrela Brazil Realty Price Performance

The company has a fifty day moving average of $4.47 and a 200 day moving average of $4.81. The firm has a market capitalization of $1.92 billion, a P/E ratio of 5.33 and a beta of 0.60. The company has a debt-to-equity ratio of 0.26, a current ratio of 9.04 and a quick ratio of 9.04.

Cyrela Brazil Realty Company Profile

(Get Free Report)

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.

Further Reading

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