Cyrela Brazil Realty (OTCMKTS:CYRBY) Sees Large Volume Increase – Time to Buy?

Shares of Cyrela Brazil Realty SA (OTCMKTS:CYRBY) saw unusually-strong trading volume on Wednesday. Approximately 11,438 shares changed hands during trading, an increase of 13% from the previous session’s volume of 10,146 shares. The stock last traded at $6.88 and had previously closed at $6.74.

Analyst Ratings Changes

Separately, Zacks Research raised Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Cyrela Brazil Realty Trading Down 2.4%

The stock has a market cap of $2.62 billion, a PE ratio of 7.27 and a beta of 0.53. The stock has a 50-day moving average of $4.85 and a 200 day moving average of $4.78. The company has a quick ratio of 8.07, a current ratio of 8.07 and a debt-to-equity ratio of 0.26.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações is a Brazilian real estate development company focused primarily on the development, construction and sale of residential properties. Its portfolio includes apartments and other housing projects serving a range of market segments, including luxury, mid-market and affordable housing.

The company operates through brands that include Cyrela, Living and Vivaz, with projects designed for different customer profiles and price categories.