Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) shot up 8.9% during mid-day trading on Wednesday. The company traded as high as $7.00 and last traded at $6.99. 31,139 shares were traded during mid-day trading, an increase of 188% from the average daily volume of 10,828 shares. The stock had previously closed at $6.42.
Cyrela Brazil Realty Trading Down 0.7%
The stock has a market capitalization of $2.66 billion, a P/E ratio of 7.38 and a beta of 0.53. The firm’s 50 day moving average price is $5.34 and its 200 day moving average price is $4.89. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 8.07.
About Cyrela Brazil Realty
Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. The company develops, builds and sells residential properties, with a focus on projects ranging from high-end and luxury developments to more accessible housing through its different operating brands.
Cyrela markets properties under the Cyrela, Living and Vivaz brands. Its activities include land acquisition, project planning, construction management, property sales and related customer services.
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