Comstock Holding Companies (NASDAQ:CHCI) Stock Passes Above Two Hundred Day Moving Average of $6.08

Comstock Holding Companies, Inc. (NASDAQ:CHCI)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.08 and traded as high as $7.20. Comstock Holding Companies shares last traded at $7.08, with a volume of 5,557 shares.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Comstock Holding Companies in a research report on Saturday. They issued a “hold” rating on the stock.

Comstock Holding Companies Stock Performance

The stock has a market cap of $69.56 million, a P/E ratio of 9.08 and a beta of 0.74. The firm’s fifty day simple moving average is $6.49 and its 200-day simple moving average is $6.09.

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.