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

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

Comstock Holding Companies Stock Performance

Shares of CHCI opened at $7.03 on Friday. The company has a market capitalization of $69.07 million, a PE ratio of 9.01 and a beta of 0.74. The company’s 50 day moving average price is $6.42 and its 200 day moving average price is $6.02. Comstock Holding Companies has a 52 week low of $3.85 and a 52 week high of $8.56.

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.