Comstock Holding Companies (NASDAQ:CHCI) Earns Buy Rating from Analysts at StockNews.com

Posted by Donald Scott on Apr 27th, 2024

StockNews.com began coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Free Report) in a research report sent to investors on Wednesday. The firm issued a buy rating on the construction company’s stock.

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

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Comstock Holding Companies Stock Up 11.2 %

CHCI stock opened at $7.13 on Wednesday. The company has a market cap of $69.95 million, a P/E ratio of 9.38 and a beta of 0.85. Comstock Holding Companies has a twelve month low of $3.47 and a twelve month high of $8.29. The business has a fifty day moving average of $5.33 and a 200-day moving average of $4.76.

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

Comstock Holding Companies Company Profile

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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.