Cyrela Brazil Realty (OTCMKTS:CYRBY) Upgraded at Zacks Research

Cyrela Brazil Realty (OTCMKTS:CYRBY) was upgraded by analysts at Zacks Research to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Cyrela Brazil Realty Stock Up 13.6%

Shares of OTCMKTS CYRBY opened at $4.85 on Tuesday. The firm’s 50-day moving average price is $4.82 and its 200-day moving average price is $5.44. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 5.27 and a beta of 0.57. Cyrela Brazil Realty has a 12-month low of $3.74 and a 12-month high of $7.92.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last announced its earnings results on Thursday, May 21st. The company reported $999.00 earnings per share (EPS) for the quarter. Cyrela Brazil Realty had a net margin of 20.79% and a return on equity of 17.90%. On average, equities research analysts anticipate that Cyrela Brazil Realty will post 0.81 EPS for the current fiscal year.

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.