Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Down 8.7% – Here’s What Happened

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) traded down 8.7% during trading on Tuesday . The company traded as low as $4.1910 and last traded at $4.1910. 10 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 8,838 shares. The stock had previously closed at $4.59.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Cyrela Brazil Realty Stock Performance

The stock has a fifty day simple moving average of $4.72 and a two-hundred day simple moving average of $5.35. The company has a debt-to-equity ratio of 0.26, a quick ratio of 4.24 and a current ratio of 9.04. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 4.58 and a beta of 0.57.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last posted its quarterly earnings results on Thursday, May 21st. The company reported $999.00 EPS for the quarter. Cyrela Brazil Realty had a return on equity of 17.39% and a net margin of 20.79%. Analysts expect that Cyrela Brazil Realty SA will post 0.81 EPS for the current fiscal year.

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.