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

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

Analysts Set New Price Targets

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

Cyrela Brazil Realty Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The stock has a market cap of $1.92 billion, a PE ratio of 5.32 and a beta of 0.60. The company’s 50-day moving average price is $4.45 and its two-hundred day moving average price is $4.83.

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.