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

StockNews.com began coverage on shares of Barnwell Industries (NYSE:BRN) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

Barnwell Industries Stock Performance

Barnwell Industries stock opened at $1.73 on Tuesday. The stock has a fifty day moving average price of $1.68 and a 200 day moving average price of $1.83. Barnwell Industries has a 52 week low of $1.27 and a 52 week high of $3.20. The firm has a market capitalization of $17.39 million, a P/E ratio of -2.54 and a beta of -0.18.

About Barnwell Industries

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.