Comstock Holding Companies Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

April 25, 2022 09:12:46

Shares of Comstock Holding Companies Inc. (NASDAQ:CHCI) traded today at $15.72, eclipsing its 52-week high. Approximately 24.6 million shares have changed hands today, as compared to an average 30-day volume of 19,000 shares.

Over the past year, Comstock Holding Companies Inc. has traded in a range of $1.05 to $8.24 and is now at $5.20.

Comstock Holding Co Inc is a multi-faceted real estate development and construction service company. The company’s operating segment includes Asset Management and Real Estate Services. It generates maximum revenue from the asset management segment. In Asset Management segment, the company focus on providing management services to a wide range of real estate assets and businesses that include a variety of commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented developments.

Potential upside of 1.1% exists for Comstock Holding Companies Inc., based on a current level of $5.20 and analysts’ average consensus price target of $5.25.

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