Cyrela Brazil Realty (OTCMKTS:CYRBY) Trading 10.3% Higher – What’s Next?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY) shares were up 10.3% during mid-day trading on Tuesday . The company traded as high as $4.4230 and last traded at $4.4230. 226 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 8,538 shares. The stock had previously closed at $4.01.

Wall Street Analysts Forecast Growth

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

Cyrela Brazil Realty Stock Up 9.7%

The company’s 50 day simple moving average is $4.64 and its 200-day simple moving average is $5.30. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.04 and a current ratio of 9.04. The firm has a market capitalization of $1.69 billion, a PE ratio of 4.78 and a beta of 0.57.

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

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.