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

Analysts at StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report issued on Wednesday. The brokerage set a “hold” rating on the construction company’s stock.

Comstock Holding Companies Trading Up 6.5 %

NASDAQ CHCI opened at $9.29 on Wednesday. Comstock Holding Companies has a 12 month low of $3.90 and a 12 month high of $9.87. The stock has a market cap of $91.27 million, a price-to-earnings ratio of 11.40 and a beta of 0.74. The company’s 50 day moving average is $7.20 and its two-hundred day moving average is $6.60.

Comstock Holding Companies (NASDAQ:CHCI) last announced 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 firm 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.