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

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

Barnwell Industries Price Performance

Barnwell Industries stock opened at $1.47 on Monday. Barnwell Industries has a 1 year low of $1.27 and a 1 year high of $3.20. The firm’s 50 day moving average price is $1.66 and its 200-day moving average price is $1.86. The stock has a market cap of $14.78 million, a P/E ratio of -2.16 and a beta of -0.18.

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.