Cyrela Brazil Realty (OTCMKTS:CYRBY) Stock Price Down 11.4% – Here’s Why

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) dropped 11.4% during mid-day trading on Friday . The company traded as low as $6.20 and last traded at $6.20. Approximately 100 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 5,700 shares. The stock had previously closed at $7.00.

Cyrela Brazil Realty Stock Down 9.1%

The firm has a market capitalization of $2.27 billion, a PE ratio of 6.72 and a beta of 0.67. 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 company has a 50-day moving average price of $5.79 and a 200 day moving average price of $5.58.

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.