Comstock Holding Companies (NASDAQ:CHCI) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a report issued on Thursday. The brokerage issued a hold rating on the construction company’s stock.

Comstock Holding Companies Stock Up 0.9 %

CHCI stock opened at $6.48 on Thursday. The firm has a market cap of $63.67 million, a P/E ratio of 8.31 and a beta of 0.74. The company’s 50-day simple moving average is $6.33 and its 200-day simple moving average is $5.93. Comstock Holding Companies has a 52-week low of $3.85 and a 52-week high of $8.56.

Comstock Holding Companies (NASDAQ:CHCI) last posted its quarterly earnings data on Tuesday, May 14th. The construction company reported $0.09 earnings per share (EPS) for the quarter. Comstock Holding Companies had a net margin of 17.61% and a return on equity of 22.60%. The business had revenue of $10.64 million for the quarter.

Insider Transactions at Comstock Holding Companies

In other news, COO Timothy Steffan sold 5,911 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $7.89, for a total transaction of $46,637.79. Following the transaction, the chief operating officer now directly owns 95,221 shares in the company, valued at approximately $751,293.69. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 39.95% of the company’s 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.