Comstock Holding Companies (NASDAQ:CHCI) Now Covered by Analysts at StockNews.com

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

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

Comstock Holding Companies Stock Up 3.2 %

Shares of CHCI opened at $6.48 on Wednesday. Comstock Holding Companies has a 12-month low of $3.47 and a 12-month high of $8.29. The business’s fifty day moving average is $5.25 and its 200 day moving average is $4.73. The stock has a market cap of $63.54 million, a P/E ratio of 8.53 and a beta of 0.85.

Comstock Holding Companies (NASDAQ:CHCI) last issued its earnings results on Thursday, March 21st. The construction company reported $0.18 earnings per share (EPS) for the quarter. Comstock Holding Companies had a return on equity of 23.57% and a net margin of 17.41%. The company had revenue of $11.02 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.