Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 6.2% – Time to Sell?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) dropped 6.2% on Thursday. The company traded as low as $5.11 and last traded at $5.11. Approximately 2,569 shares traded hands during trading, a decline of 73% from the average session volume of 9,619 shares. The stock had previously closed at $5.45.

Analyst Ratings Changes

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a report on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Cyrela Brazil Realty Price Performance

The company’s 50 day moving average price is $4.70 and its 200 day moving average price is $4.75. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.07 and a current ratio of 8.07. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 5.42 and a beta of 0.60.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. Founded in 1962, the company develops, builds and sells residential properties in Brazil, with projects spanning multiple segments of the housing market.

The company operates through brands that serve different customer groups, including Cyrela for higher-end residential developments, Living for the middle-income market and Vivaz for more affordable housing.