StockNews.com began coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Free Report) in a report released on Wednesday. The brokerage issued a hold rating on the construction company’s stock.
Comstock Holding Companies Trading Up 5.0 %
Shares of NASDAQ CHCI opened at $9.75 on Wednesday. The firm has a market capitalization of $95.79 million, a price-to-earnings ratio of 12.50 and a beta of 0.74. Comstock Holding Companies has a one year low of $3.90 and a one year high of $9.87. The business has a fifty day simple moving average of $7.33 and a 200 day simple moving average of $6.65.
Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The construction company reported $0.09 earnings per share (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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