StockNews.com Begins Coverage on Comstock Holding Companies (NASDAQ:CHCI)

StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research note issued to investors on Monday morning. The brokerage issued a hold rating on the construction company’s stock.

Comstock Holding Companies Stock Performance

Shares of CHCI opened at $7.68 on Monday. The stock has a market capitalization of $75.72 million, a P/E ratio of 9.85 and a beta of 0.74. The company’s fifty day moving average is $6.76 and its two-hundred day moving average is $6.33. Comstock Holding Companies has a 1 year low of $3.90 and a 1 year high of $8.56.

Comstock Holding Companies (NASDAQ:CHCI) last announced its quarterly earnings data 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 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.