Comstock Holding Companies (NASDAQ:CHCI) Receives New Coverage from Analysts at assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCIGet Rating) in a note issued to investors on Wednesday. The brokerage set a “buy” rating on the construction company’s stock.

CHCI stock opened at $4.68 on Wednesday. The company’s 50 day simple moving average is $5.14 and its 200-day simple moving average is $4.84. The firm has a market capitalization of $39.03 million, a PE ratio of 2.85 and a beta of 1.07. Comstock Holding Companies has a 12 month low of $4.10 and a 12 month high of $8.24. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.31 and a quick ratio of 3.31.

Several hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of Comstock Holding Companies by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 135,377 shares of the construction company’s stock valued at $659,000 after purchasing an additional 3,168 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Comstock Holding Companies during the second quarter worth approximately $110,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Comstock Holding Companies during the third quarter worth approximately $164,000. Institutional investors and hedge funds own 8.21% of the company’s stock.

About Comstock Holding Companies (Get Rating)

Comstock Holding Companies, Inc develops, operates, and manages of mixed-use and transit-oriented properties primarily in the Washington, DC metropolitan area. The company operates a portfolio of 34 operating assets, which include 14 commercial assets totaling approximately 2.2 million square feet; 6 multifamily assets totaling 1,636 units; and 14 commercial garages with approximately 11,000 parking spaces.

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