Comstock Holding Companies, Inc. (CHCI) Raised to Buy at ValuEngine

Comstock Holding Companies, Inc. (NASDAQ:CHCI) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday, August 3rd.

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Shares of Comstock Holding Companies (NASDAQ CHCI) traded up 1.54% during mid-day trading on Thursday, reaching $1.98. 4,406 shares of the company traded hands. The firm’s 50 day moving average price is $2.01 and its 200-day moving average price is $2.04. Comstock Holding Companies has a 52-week low of $1.60 and a 52-week high of $3.36. The company’s market capitalization is $6.64 million.

Comstock Holding Companies (NASDAQ:CHCI) last announced its earnings results on Monday, May 15th. The construction company reported $0.08 earnings per share (EPS) for the quarter. Comstock Holding Companies had a negative return on equity of 203.47% and a negative net margin of 18.99%. The company had revenue of $10.27 million for the quarter.

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About Comstock Holding Companies

Comstock Holding Companies, Inc (Comstock ), formerly Comstock Homebuilding Companies, Inc is a diversified real estate development and services company focused on the Washington, DC metropolitan area. The Company builds a range of products including apartments, single-family homes, townhouses, mid-rise condominiums, high-rise multi-family condominiums and mixed-use (residential and commercial) developments.

To view ValuEngine’s full report, visit ValuEngine’s official website.