Shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.62 and traded as low as $7.98. Comstock Holding Companies shares last traded at $8.18, with a volume of 18,423 shares traded.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Comstock Holding Companies from a "buy" rating to a "hold" rating in a research report on Tuesday, December 10th.
Get Our Latest Report on CHCI
Comstock Holding Companies Trading Up 1.9 %
The stock's 50-day moving average price is $8.20 and its two-hundred day moving average price is $8.63. The stock has a market capitalization of $80.00 million, a P/E ratio of 13.71 and a beta of 0.66.
Institutional Trading of Comstock Holding Companies
Institutional investors have recently modified their holdings of the business. Barclays PLC purchased a new stake in shares of Comstock Holding Companies during the 4th quarter valued at approximately $40,000. Dimensional Fund Advisors LP lifted its stake in Comstock Holding Companies by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company's stock worth $272,000 after purchasing an additional 1,888 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Comstock Holding Companies by 1.4% in the 4th quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company's stock worth $1,224,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Comstock Holding Companies by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company's stock worth $1,395,000 after purchasing an additional 4,433 shares in the last quarter. 6.45% of the stock is currently owned by hedge funds and other institutional investors.
Comstock Holding Companies Company Profile
(
Get Free Report)
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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