Cyrela Brazil Realty (OTCMKTS:CYRBY) Trading Up 6.1% – Time to Buy?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) shares shot up 6.1% on Wednesday . The company traded as high as $5.01 and last traded at $5.01. Approximately 2 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 10,079 shares. The stock had previously closed at $4.72.

Analyst Upgrades and Downgrades

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

Cyrela Brazil Realty Trading Up 0.6%

The stock has a 50 day moving average of $4.45 and a 200-day moving average of $4.83. The company has a market capitalization of $1.92 billion, a P/E ratio of 5.32 and a beta of 0.60. 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.