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

StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a report released on Monday morning. The firm issued a hold rating on the construction company’s stock.

Comstock Holding Companies Stock Down 1.2 %

Comstock Holding Companies stock opened at $7.68 on Monday. Comstock Holding Companies has a 52 week low of $3.90 and a 52 week high of $8.56. The firm’s 50-day simple moving average is $6.76 and its 200 day simple moving average is $6.33. The firm has a market capitalization of $75.72 million, a PE ratio of 9.85 and a beta of 0.74.

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

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.