Cyrela Brazil Realty (OTCMKTS:CYRBY) Sees Large Volume Increase – Should You Buy?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw unusually-high trading volume on Thursday. 28,953 shares changed hands during mid-day trading, an increase of 197% from the previous session’s volume of 9,755 shares. The stock last traded at $5.12 and had previously closed at $5.19.

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 analyst has rated the stock with a Hold rating, According to MarketBeat, Cyrela Brazil Realty presently has an average rating of “Hold”.

Cyrela Brazil Realty Stock Up 1.4%

The company has a market cap of $1.98 billion, a price-to-earnings ratio of 5.48 and a beta of 0.60. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 9.04. The firm’s 50-day moving average price is $4.63 and its 200-day moving average price is $4.76.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. Founded in 1962, the company develops, builds and sells residential properties in Brazil, with projects spanning multiple segments of the housing market.

The company operates through brands that serve different customer groups, including Cyrela for higher-end residential developments, Living for the middle-income market and Vivaz for more affordable housing.