Insider Selling: Comstock Holding Companies, Inc. (NASDAQ:CHCI) Director Sells 2,708 Shares of Stock

Comstock Holding Companies, Inc. (NASDAQ:CHCI) Director David M. Guernsey sold 2,708 shares of the firm’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $4.41, for a total transaction of $11,942.28. Following the completion of the transaction, the director now owns 62,956 shares in the company, valued at $277,635.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Comstock Holding Companies Price Performance

NASDAQ:CHCI traded up $0.10 during midday trading on Wednesday, reaching $10.20. 32,114 shares of the company traded hands, compared to its average volume of 17,024. The firm has a market capitalization of $100.22 million, a price-to-earnings ratio of 13.08 and a beta of 0.74. The company has a fifty day moving average price of $7.55 and a 200 day moving average price of $6.78. Comstock Holding Companies, Inc. has a twelve month low of $3.90 and a twelve month high of $10.24.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Comstock Holding Companies in a report on Wednesday, September 25th. They issued a “hold” rating on the stock.

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.