Cyrela Brazil Realty (OTCMKTS:CYRBY) Reaches New 52-Week High - Here's Why

Key Points

• Cyrela Brazil Realty's share price hit a new 52-week high, reaching $4.95, with a last trading price of $4.80.
• The company reported a net margin of 20.57% and a return on equity of 17.84% for the latest quarter.
• Cyrela Brazil Realty maintains a strong financial position with a quick ratio of 7.93 and a low debt-to-equity ratio of 0.24.

Cyrela Brazil Realty SA (OTCMKTS:CYRBY - Get Free Report) shares hit a new 52-week high during trading on Saturday . The stock traded as high as $4.95 and last traded at $4.80, with a volume of 5123 shares traded. The stock had previously closed at $4.40.

Cyrela Brazil Realty Price Performance

The stock has a market cap of $1.72 billion, a P/E ratio of 5.60 and a beta of 0.73. The business has a 50-day simple moving average of $4.55 and a 200 day simple moving average of $4.31. The company has a current ratio of 7.93, a quick ratio of 7.93 and a debt-to-equity ratio of 0.24.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported $0.19 EPS for the quarter. Cyrela Brazil Realty had a return on equity of 16.95% and a net margin of 19.65%.The company had revenue of $371.89 million for the quarter.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações develops and constructs residential properties in Brazil. It also provides real estate services, such as construction management and technical consultancy services. The company was founded in 1962 and is headquartered in São Paulo, Brazil.