Cyrela Brazil Realty (OTCMKTS:CYRBY) Sees Large Volume Increase – Here’s Why

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw an uptick in trading volume on Thursday . 28,953 shares were traded during trading, an increase of 197% from the previous session’s volume of 9,755 shares.The stock last traded at $5.12 and had previously closed at $5.19.

Analyst Ratings Changes

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

Cyrela Brazil Realty Stock Down 1.5%

The firm has a fifty day moving average price of $4.61 and a 200 day moving average price of $4.76. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 5.44 and a beta of 0.60. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development and construction company headquartered in São Paulo. Founded in 1962, the company develops, builds and sells residential properties in Brazil, with projects spanning multiple segments of the housing market.

The company operates through brands that serve different customer groups, including Cyrela for higher-end residential developments, Living for the middle-income market and Vivaz for more affordable housing.