Comstock Holding Companies (NASDAQ:CHCI) Research Coverage Started at StockNews.com

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

Comstock Holding Companies Trading Up 13.1 %

CHCI opened at $11.39 on Friday. Comstock Holding Companies has a twelve month low of $3.90 and a twelve month high of $14.48. The firm has a market cap of $111.91 million, a price-to-earnings ratio of 14.60 and a beta of 0.76. The company has a fifty day simple moving average of $8.22 and a 200 day simple moving average of $7.10.

Comstock Holding Companies (NASDAQ:CHCI) last announced its earnings results on Thursday, August 8th. The construction company reported $0.09 earnings per share for the quarter. Comstock Holding Companies had a return on equity of 22.51% and a net margin of 17.94%. The company 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.