Comstock Holding Companies (NASDAQ:CHCI) Stock Crosses Below Two Hundred Day Moving Average of $4.55

Comstock Holding Companies, Inc. (NASDAQ:CHCIGet Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.55 and traded as low as $4.11. Comstock Holding Companies shares last traded at $4.11, with a volume of 9,794 shares.

Analyst Ratings Changes

Separately, initiated coverage on Comstock Holding Companies in a report on Wednesday. They issued a “buy” rating for the company.

Comstock Holding Companies Trading Down 0.5 %

The company has a 50 day simple moving average of $4.64 and a 200 day simple moving average of $4.55. The stock has a market capitalization of $39.62 million, a PE ratio of 4.78 and a beta of 1.05.

Comstock Holding Companies (NASDAQ:CHCIGet Rating) last released its earnings results on Wednesday, March 29th. The construction company reported $0.13 earnings per share (EPS) for the quarter. Comstock Holding Companies had a return on equity of 21.56% and a net margin of 14.15%. The company had revenue of $9.30 million for the quarter.

Institutional Investors Weigh In On Comstock Holding Companies

An institutional investor recently raised its position in Comstock Holding Companies stock. Dimensional Fund Advisors LP increased its position in Comstock Holding Companies, Inc. (NASDAQ:CHCIGet Rating) by 22.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,441 shares of the construction company’s stock after acquiring an additional 5,849 shares during the period. Dimensional Fund Advisors LP owned approximately 0.33% of Comstock Holding Companies worth $134,000 as of its most recent SEC filing. 6.09% of the stock is currently owned by institutional investors and hedge funds.

Comstock Holding Companies Company Profile

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Comstock Holding Cos., Inc engages in the development of real estate properties and provision of asset management services. It operates through the following segments: Asset Management and Real Estate Services. The Asset Management segment management provides services to real estate assets and businesses that include commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented development.

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