Comstock Holding Companies (NASDAQ:CHCI) Posts Earnings Results

Comstock Holding Companies (NASDAQ:CHCI) posted its earnings results on Friday. The construction company reported $0.99 earnings per share (EPS) for the quarter, Zacks reports. Comstock Holding Companies had a return on equity of 15.65% and a net margin of 13.44%.

Comstock Holding Companies Price Performance

CHCI traded up $1.73 on Friday, hitting $8.51. The company had a trading volume of 45,593 shares, compared to its average volume of 21,938. Comstock Holding Companies has a 52-week low of $4.61 and a 52-week high of $14.48. The stock has a fifty day simple moving average of $7.68 and a 200-day simple moving average of $8.70. The firm has a market capitalization of $84.11 million, a P/E ratio of 14.57 and a beta of 0.62.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Comstock Holding Companies in a research report on Friday, March 14th. They set a “hold” rating on the stock.

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.