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

StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research note released on Wednesday. The firm issued a hold rating on the construction company’s stock.

Comstock Holding Companies Price Performance

Comstock Holding Companies stock opened at $9.75 on Wednesday. Comstock Holding Companies has a one year low of $3.90 and a one year high of $9.87. The company’s fifty day moving average price is $7.33 and its two-hundred day moving average price is $6.65. The company has a market capitalization of $95.79 million, a price-to-earnings ratio of 12.50 and a beta of 0.74.

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

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.