Cyrela Brazil Realty (OTCMKTS:CYRBY) Trading 10.3% Higher – Time to Buy?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s stock price shot up 10.3% on Tuesday . The company traded as high as $4.4230 and last traded at $4.4230. 226 shares changed hands during trading, a decline of 97% from the average session volume of 8,538 shares. The stock had previously closed at $4.01.

Wall Street Analysts Forecast Growth

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

Cyrela Brazil Realty Trading Down 3.3%

The stock has a market cap of $1.67 billion, a PE ratio of 4.72 and a beta of 0.56. The firm has a 50-day simple moving average of $4.58 and a 200-day simple moving average of $5.27. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last announced its quarterly earnings results on Thursday, May 21st. The company reported $999.00 earnings per share for the quarter. Cyrela Brazil Realty had a return on equity of 17.39% and a net margin of 20.79%. Equities analysts forecast that Cyrela Brazil Realty SA will post 0.81 earnings per share for the current 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.