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

Investment analysts at StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research note issued to investors on Friday. The firm set a “buy” rating on the construction company’s stock.

Separately, TheStreet downgraded shares of Comstock Holding Companies from a “b-” rating to a “c+” rating in a report on Tuesday, March 12th.

Comstock Holding Companies Trading Down 5.8 %

NASDAQ CHCI opened at $7.67 on Friday. Comstock Holding Companies has a twelve month low of $3.47 and a twelve month high of $8.30. The stock has a 50-day moving average of $5.82 and a 200 day moving average of $4.95. The stock has a market capitalization of $75.21 million, a price-to-earnings ratio of 10.09 and a beta of 0.70.

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

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.