Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Falls 5.3% – What’s Next?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price fell 5.3% during trading on Tuesday. The stock traded as low as $6.8420 and last traded at $6.91. Approximately 1,657 shares traded hands during trading, a decline of 85% from the average daily volume of 10,796 shares. The stock had previously closed at $7.30.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold”.

Cyrela Brazil Realty Stock Performance

The stock has a market cap of $2.66 billion, a P/E ratio of 7.38 and a beta of 0.53. The stock has a fifty day simple moving average of $5.06 and a 200-day simple moving average of $4.83. The company has a quick ratio of 8.07, a current ratio of 8.07 and a debt-to-equity ratio of 0.26.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development company focused primarily on the development, construction and sale of residential properties. Its portfolio includes apartments and other housing projects serving a range of market segments, including luxury, mid-market and affordable housing.

The company operates through brands that include Cyrela, Living and Vivaz, with projects designed for different customer profiles and price categories.