Comstock Holding Companies (NASDAQ:CHCI) Cut to Hold at StockNews.com

StockNews.com downgraded shares of Comstock Holding Companies (NASDAQ:CHCI) from a buy rating to a hold rating in a research report released on Monday.

Comstock Holding Companies Price Performance

CHCI stock opened at $9.04 on Monday. Comstock Holding Companies has a 1 year low of $3.90 and a 1 year high of $14.48. The firm has a market capitalization of $89.13 million, a PE ratio of 15.42 and a beta of 0.74. The business has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $7.85.

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.