Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) released its quarterly earnings results on Friday. The construction company reported $0.99 earnings per share for the quarter, Zacks reports. Comstock Holding Companies had a return on equity of 15.65% and a net margin of 13.44%.
Comstock Holding Companies Stock Performance
Shares of NASDAQ:CHCI traded up $1.50 during midday trading on Friday, reaching $8.28. The company had a trading volume of 35,398 shares, compared to its average volume of 21,859. Comstock Holding Companies has a 1-year low of $4.61 and a 1-year high of $14.48. The firm has a market cap of $81.83 million, a price-to-earnings ratio of 13.93 and a beta of 0.62. The company has a fifty day simple moving average of $7.68 and a two-hundred day simple moving average of $8.70.
Analyst Ratings Changes
Separately, StockNews.com began coverage on Comstock Holding Companies in a research report on Friday, March 14th. They issued a “hold” rating for the company.
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.
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