Comstock Holding Companies (NASDAQ:CHCI) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of Comstock Holding Companies (NASDAQ:CHCI) from a sell rating to a hold rating in a research report released on Monday, ValuEngine reports.

Comstock Holding Companies stock remained flat at $$2.05 during midday trading on Monday. 1 shares of the company traded hands, compared to its average volume of 1,834. Comstock Holding Companies has a 52-week low of $1.62 and a 52-week high of $3.12. The stock’s fifty day moving average price is $2.11 and its 200-day moving average price is $2.26. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 3.23.

A hedge fund recently raised its stake in Comstock Holding Companies stock. Bronfman E.L. Rothschild L.P. grew its holdings in Comstock Holding Companies Inc (NASDAQ:CHCI) by 40.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,774 shares of the construction company’s stock after purchasing an additional 6,000 shares during the quarter. Bronfman E.L. Rothschild L.P. owned about 0.53% of Comstock Holding Companies worth $55,000 as of its most recent filing with the SEC. 11.50% of the stock is owned by institutional investors and hedge funds.

About Comstock Holding Companies

Comstock Holding Companies, Inc operates as a real estate development and services company primarily in the mid-Atlantic region, the United States. It operates through three segments: Homebuilding, Asset Management, and Real Estate Services. The company builds multi-family units, single-family homes, townhouses, mid-rise and high-rise condominiums, and mixed-use developments.

See Also: Return on Investment (ROI)

To view ValuEngine’s full report, visit ValuEngine’s official website.

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