Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 6% – Here’s What Happened

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) dropped 6% during mid-day trading on Friday . The company traded as low as $5.3125 and last traded at $5.3125. Approximately 357 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 7,262 shares. The stock had previously closed at $5.65.

Cyrela Brazil Realty Stock Down 8.0%

The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 5.56 and a beta of 0.70. The company has a quick ratio of 8.45, a current ratio of 8.45 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average price is $5.86 and its 200 day moving average price is $5.79.

Cyrela Brazil Realty Company Profile

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.