Comstock Holding Companies (NASDAQ:CHCI) Stock Passes Below 200 Day Moving Average – Time to Sell?

Posted by Linda Flegge on Feb 11th, 2025

Comstock Holding Companies, Inc. (NASDAQ:CHCI – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.62 and traded as low as $7.98. Comstock Holding Companies shares last traded at $8.18, with a volume of 18,423 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Comstock Holding Companies from a “buy” rating to a “hold” rating in a report on Tuesday, December 10th.

Read Our Latest Report on CHCI

Comstock Holding Companies Stock Performance

The stock has a fifty day simple moving average of $8.27 and a 200 day simple moving average of $8.62. The firm has a market cap of $80.90 million, a P/E ratio of 13.86 and a beta of 0.66.

Hedge Funds Weigh In On Comstock Holding Companies

An institutional investor recently raised its position in Comstock Holding Companies stock. Geode Capital Management LLC increased its stake in shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI – Free Report) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 170,117 shares of the construction company’s stock after purchasing an additional 4,371 shares during the period. Geode Capital Management LLC owned approximately 1.73% of Comstock Holding Companies worth $1,700,000 as of its most recent filing with the Securities & Exchange Commission. 6.45% of the stock is owned by hedge funds and other institutional investors.

About Comstock Holding Companies

(Get Free Report)

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.