Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Up 6.9% – Here’s Why

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price shot up 6.9% during trading on Friday . The company traded as high as $6.90 and last traded at $6.7750. 532 shares were traded during trading, a decline of 92% from the average session volume of 6,956 shares. The stock had previously closed at $6.3380.

Cyrela Brazil Realty Stock Up 1.0%

The company’s 50-day simple moving average is $5.77 and its 200 day simple moving average is $5.46. The company has a debt-to-equity ratio of 0.22, a current ratio of 8.45 and a quick ratio of 8.45. The firm has a market cap of $2.46 billion, a P/E ratio of 7.27 and a beta of 0.69.

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.