Comstock Holding Companies (NASDAQ:CHCI) Now Covered by StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report issued on Tuesday. The brokerage set a “hold” rating on the construction company’s stock.

Comstock Holding Companies Price Performance

Shares of Comstock Holding Companies stock opened at $8.23 on Tuesday. Comstock Holding Companies has a one year low of $3.90 and a one year high of $8.99. The business’s 50 day simple moving average is $6.97 and its two-hundred day simple moving average is $6.46. The stock has a market capitalization of $80.86 million, a P/E ratio of 10.55 and a beta of 0.74.

Comstock Holding Companies (NASDAQ:CHCI) last issued its earnings results on Thursday, August 8th. The construction company reported $0.09 EPS for the quarter. The company had revenue of $10.75 million for the quarter. Comstock Holding Companies had a net margin of 17.94% and a return on equity of 22.51%.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.