Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 5.3% – Here’s Why

Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report)’s stock price dropped 5.3% during trading on Tuesday. The company traded as low as $6.8420 and last traded at $6.91. Approximately 1,657 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 10,796 shares. The stock had previously closed at $7.30.

Cyrela Brazil Realty Trading Down 5.8%

The company has a market cap of $2.50 billion, a PE ratio of 6.91 and a beta of 0.53. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 8.07. The company has a 50-day moving average of $5.16 and a 200 day moving average of $4.85.

Cyrela Brazil Realty Company Profile

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Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development company focused primarily on the development, construction and sale of residential properties. Its portfolio includes apartments and other housing projects serving a range of market segments, including luxury, mid-market and affordable housing.

The company operates through brands that include Cyrela, Living and Vivaz, with projects designed for different customer profiles and price categories.

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