Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCMKTS:CYRBY) Stock Price Down 5%

Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCMKTS:CYRBYGet Rating) shares were down 5% on Friday . The stock traded as low as $2.84 and last traded at $2.84. Approximately 500 shares changed hands during trading, a decline of 90% from the average daily volume of 5,004 shares. The stock had previously closed at $2.99.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley downgraded shares of Cyrela Brazil Realty S.A. Empreendimentos e Participações to an “equal weight” rating in a research report on Friday, December 16th.

Cyrela Brazil Realty S.A. Empreendimentos e Participações Stock Performance

The stock has a market cap of $1.09 billion, a PE ratio of 6.60 and a beta of 0.67. The stock’s 50-day moving average is $2.87 and its two-hundred day moving average is $2.94.

About Cyrela Brazil Realty S.A. Empreendimentos e Participações

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Cyrela Brazil Realty SA Empreendimentos e Participações engages in the development and construction of residential properties. It operates through the Merger Activity and Service Fee Income segments. The company was founded in 1961 and is headquartered in São Paulo, Brazil.

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