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

Comstock Holding Companies (NASDAQ:CHCI) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.

Separately, TheStreet cut Comstock Holding Companies from a “b-” rating to a “c+” rating in a report on Tuesday, March 12th.

Comstock Holding Companies Price Performance

CHCI opened at $6.22 on Friday. The company has a market capitalization of $61.08 million, a P/E ratio of 7.97 and a beta of 0.71. The firm’s fifty day moving average price is $6.82 and its two-hundred day moving average price is $5.44. Comstock Holding Companies has a fifty-two week low of $3.70 and a fifty-two week high of $8.56.

Comstock Holding Companies (NASDAQ:CHCI) last posted its earnings results on Tuesday, May 14th. The construction company reported $0.09 earnings per share for the quarter. Comstock Holding Companies had a net margin of 17.61% and a return on equity of 22.60%. The business had revenue of $10.64 million for the quarter.

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.