Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Climb 8.9% – Here’s What Happened

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) rose 8.9% on Wednesday. The stock traded as high as $7.00 and last traded at $6.99. Approximately 31,139 shares changed hands during trading, an increase of 188% from the average session volume of 10,828 shares. The stock had previously closed at $6.42.

Cyrela Brazil Realty Trading Down 0.7%

The firm has a 50-day moving average of $5.34 and a 200-day moving average of $4.89. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.07 and a current ratio of 8.07. The firm has a market capitalization of $2.66 billion, a P/E ratio of 7.38 and a beta of 0.53.

Cyrela Brazil Realty Company Profile

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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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