Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 12.8% – Here’s What Happened

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price was down 12.8% during mid-day trading on Thursday . The company traded as low as $4.1060 and last traded at $4.1060. Approximately 1,590 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 8,317 shares. The stock had previously closed at $4.71.

Analyst Ratings Changes

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

Cyrela Brazil Realty Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The business has a 50 day moving average price of $4.42 and a two-hundred day moving average price of $5.16. The company has a market cap of $1.60 billion, a P/E ratio of 4.53 and a beta of 0.56.

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.