Comstock Homebuilding Companies Stock Soars (CHCI)

NEW YORK ( TheStreet) -- Shares of Comstock Homebuilding Companies (Nasdaq: CHCI) have taken a tremendous swing upward. The stock is trading at $1.43 as of 11:25 a.m. ET, 23.2% above Thursday's closing price of $1.16. Volume is at 91,884, 3.9 times the daily average of 23,800.

Comstock Homebuilding Companies has a market cap of $19.3 million and is part of the industrial goods sector and materials & construction industry. Shares are up 5.7% year to date as of the close of trading on Thursday.

Comstock Homebuilding Companies, Inc., a real estate development company, engages in the development of for-sale residential and mixed use products in the United States. The company has a P/E ratio of 10.2, above the average materials & construction industry P/E ratio of 5.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Comstock Homebuilding Companies as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full Comstock Homebuilding Companies Ratings Report.

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