Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 12.8% – Here’s Why
by Teresa Graham · The Cerbat GemShares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) dropped 12.8% during mid-day trading on Thursday . The stock traded as low as $4.70 and last traded at $4.70. Approximately 500 shares traded hands during trading, a decline of 97% from the average daily volume of 18,925 shares. The stock had previously closed at $5.3925.
Cyrela Brazil Realty Trading Up 4.3%
The company has a debt-to-equity ratio of 0.22, a current ratio of 8.45 and a quick ratio of 8.45. The business’s fifty day simple moving average is $6.04 and its 200 day simple moving average is $5.36. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 5.57 and a beta of 0.69.
Cyrela Brazil Realty Company Profile
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.