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

Stock analysts at StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report issued on Wednesday. The brokerage set a “buy” rating on the construction company’s stock.

Separately, TheStreet lowered shares of Comstock Holding Companies from a “b-” rating to a “c+” rating in a report on Tuesday, March 12th.

Comstock Holding Companies Trading Down 20.9 %

NASDAQ:CHCI opened at $6.28 on Wednesday. The firm has a market cap of $61.61 million, a price-to-earnings ratio of 8.26 and a beta of 0.85. The company’s 50-day moving average is $5.21 and its two-hundred day moving average is $4.72. Comstock Holding Companies has a 12-month low of $3.47 and a 12-month high of $8.29.

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

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.