Cyrela Brazil Realty (OTCMKTS:CYRBY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Cyrela Brazil Realty (OTCMKTS:CYRBY) to a hold rating in a report released on Tuesday,Zacks.com reports.

Cyrela Brazil Realty Price Performance

CYRBY opened at $4.85 on Tuesday. The company has a quick ratio of 4.24, a current ratio of 4.24 and a debt-to-equity ratio of 0.63. Cyrela Brazil Realty has a 12 month low of $3.74 and a 12 month high of $7.92. The company has a fifty day simple moving average of $4.82 and a 200 day simple moving average of $5.44. The stock has a market cap of $1.86 billion, a P/E ratio of 5.27 and a beta of 0.57.

Cyrela Brazil Realty (OTCMKTS:CYRBY) last released its quarterly earnings data on Thursday, May 21st. The company reported $999.00 EPS for the quarter. Cyrela Brazil Realty had a net margin of 20.79% and a return on equity of 17.90%. On average, research analysts expect that Cyrela Brazil Realty will post 0.81 EPS 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.