StockNews.com started coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Free Report) in a research report released on Friday morning. The brokerage issued a buy rating on the construction company’s stock.
Comstock Holding Companies Trading Up 3.0 %
Shares of Comstock Holding Companies stock opened at $11.73 on Friday. The stock has a market cap of $115.25 million, a price-to-earnings ratio of 15.04 and a beta of 0.76. The company has a fifty day simple moving average of $8.33 and a 200-day simple moving average of $7.15. Comstock Holding Companies has a 12-month low of $3.90 and a 12-month high of $14.48.
Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) last released its earnings results on Thursday, August 8th. The construction company reported $0.09 EPS for the quarter. The company had revenue of $10.75 million during the quarter. Comstock Holding Companies had a net margin of 17.94% and a return on equity of 22.51%.
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.
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