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

Investment analysts at StockNews.com started coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report issued on Tuesday. The firm set a “hold” rating on the construction company’s stock.

Comstock Holding Companies Price Performance

Shares of CHCI opened at $8.60 on Tuesday. The stock has a 50-day moving average of $6.88 and a 200-day moving average of $6.42. The company has a market cap of $84.50 million, a PE ratio of 11.03 and a beta of 0.74. Comstock Holding Companies has a one year low of $3.90 and a one year high of $8.88.

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

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.