Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 7.1% – Here’s What Happened

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) dropped 7.1% on Wednesday . The company traded as low as $4.20 and last traded at $4.20. Approximately 394 shares changed hands during trading, a decline of 95% from the average daily volume of 8,422 shares. The stock had previously closed at $4.52.

Analyst Upgrades and Downgrades

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

Cyrela Brazil Realty Trading Up 6.5%

The stock’s fifty day moving average price is $4.48 and its 200 day moving average price is $5.23. The stock has a market cap of $1.70 billion, a P/E ratio of 4.83 and a beta of 0.56. The company has a current ratio of 9.04, a quick ratio of 9.04 and a debt-to-equity ratio of 0.26.

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.