Cyrela Brazil Realty (OTCMKTS:CYRBY) Reaches New 1-Year Low – Should You Sell?

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as $3.40 and last traded at $3.49, with a volume of 7,270 shares traded. The stock had previously closed at $3.80.

Cyrela Brazil Realty Price Performance

The stock has a fifty day simple moving average of $5.47 and a two-hundred day simple moving average of $5.17. The firm has a market capitalization of $1.26 billion, a P/E ratio of 3.50 and a beta of 0.53.

About Cyrela Brazil Realty

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Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. The company develops, builds and sells residential properties, with a focus on projects ranging from high-end and luxury developments to more accessible housing through its different operating brands.

Cyrela markets properties under the Cyrela, Living and Vivaz brands. Its activities include land acquisition, project planning, construction management, property sales and related customer services.

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