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

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

Comstock Holding Companies Trading Up 5.0 %

Shares of Comstock Holding Companies stock opened at $7.95 on Monday. Comstock Holding Companies has a 1 year low of $3.90 and a 1 year high of $8.56. The company has a market cap of $78.39 million, a P/E ratio of 10.19 and a beta of 0.74. The stock has a 50-day moving average price of $6.70 and a 200 day moving average price of $6.30.

Comstock Holding Companies (NASDAQ:CHCI) last posted its quarterly earnings results on Thursday, August 8th. The construction company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $10.75 million during the quarter. Comstock Holding Companies had a net margin of 17.94% and a return on equity of 22.51%.

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.