Comstock Holding Companies (NASDAQ:CHCI) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report sent to investors on Friday. The brokerage issued a hold rating on the construction company’s stock.

Comstock Holding Companies Stock Performance

Comstock Holding Companies stock opened at $7.03 on Friday. Comstock Holding Companies has a fifty-two week low of $3.85 and a fifty-two week high of $8.56. The company has a market cap of $69.07 million, a PE ratio of 9.01 and a beta of 0.74. The business’s 50-day simple moving average is $6.42 and its two-hundred day simple moving average is $6.00.

Comstock Holding Companies (NASDAQ:CHCI) last issued its quarterly earnings results on Tuesday, May 14th. The construction company reported $0.09 earnings per share for the quarter. Comstock Holding Companies had a net margin of 17.61% and a return on equity of 22.60%. The company had revenue of $10.64 million for the quarter.

About Comstock Holding Companies

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.