StockNews.com Begins Coverage on Comstock Holding Companies (NASDAQ:CHCI)

StockNews.com assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a report issued on Thursday 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 Trading Down 5.7 %

Shares of CHCI stock opened at $6.83 on Thursday. The firm has a market capitalization of $67.00 million, a P/E ratio of 8.99 and a beta of 0.70. Comstock Holding Companies has a 1 year low of $3.47 and a 1 year high of $8.29. The firm’s fifty day simple moving average is $5.58 and its 200 day simple moving average is $4.87.

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

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.