Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY – Get Free Report) rose 8.9% during trading on Wednesday. The company traded as high as $7.00 and last traded at $6.99. 31,139 shares changed hands during mid-day 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 Stock Down 0.1%
The company has a debt-to-equity ratio of 0.26, a current ratio of 8.07 and a quick ratio of 8.07. The firm has a market cap of $2.62 billion, a P/E ratio of 7.24 and a beta of 0.53. The firm’s 50-day moving average price is $5.44 and its 200 day moving average price is $4.91.
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. 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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