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

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

Comstock Holding Companies Stock Performance

CHCI opened at $8.23 on Tuesday. The firm has a market cap of $80.86 million, a price-to-earnings ratio of 10.55 and a beta of 0.74. The stock’s 50-day moving average price is $7.00 and its 200 day moving average price is $6.47. Comstock Holding Companies has a 12-month low of $3.90 and a 12-month high of $8.99.

Comstock Holding Companies (NASDAQ:CHCI) last posted 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 during 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.