Barnwell Industries (NYSE:BRN) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Barnwell Industries (NYSE:BRN) in a report released on Wednesday. The brokerage issued a hold rating on the stock.

Barnwell Industries Stock Down 2.5 %

Shares of Barnwell Industries stock opened at $1.58 on Wednesday. Barnwell Industries has a 12-month low of $1.27 and a 12-month high of $3.20. The stock has a market capitalization of $15.89 million, a P/E ratio of -2.32 and a beta of -0.18. The stock has a 50 day moving average price of $1.69 and a two-hundred day moving average price of $1.80.

Barnwell Industries Company Profile

Barnwell Industries, Inc acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. It also acquires and develops crude oil and natural gas assets in the province of Alberta, as well as invests in land interests in Hawaii.