Comstock Holding Companies (NASDAQ:CHCI) Shares Cross Above 200-Day Moving Average of $5.91

Comstock Holding Companies, Inc. (NASDAQ:CHCI) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.91 and traded as high as $6.45. Comstock Holding Companies shares last traded at $6.35, with a volume of 838 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Comstock Holding Companies in a research report on Thursday. They set a “hold” rating for the company.

Comstock Holding Companies Trading Up 0.9 %

The company has a 50-day moving average price of $6.33 and a two-hundred day moving average price of $5.92. The stock has a market capitalization of $63.67 million, a P/E ratio of 8.31 and a beta of 0.74.

Comstock Holding Companies (NASDAQ:CHCI) last issued its earnings results on Tuesday, May 14th. The construction company reported $0.09 EPS for the quarter. The company had revenue of $10.64 million during the quarter. Comstock Holding Companies had a return on equity of 22.60% and a net margin of 17.61%.

Insider Buying and Selling at Comstock Holding Companies

In other Comstock Holding Companies news, COO Timothy Steffan sold 5,911 shares of Comstock Holding Companies stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $7.89, for a total transaction of $46,637.79. Following the completion of the transaction, the chief operating officer now owns 95,221 shares in the company, valued at approximately $751,293.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 39.95% of the company’s stock.

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.