Barnwell Industries (NYSE:BRN) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Barnwell Industries (NYSE:BRNFree Report) in a research note published on Thursday. The firm issued a hold rating on the stock.

Barnwell Industries Stock Down 4.7 %

Shares of BRN opened at $1.51 on Thursday. The business’s 50-day moving average price is $1.66 and its 200-day moving average price is $1.77. The stock has a market cap of $15.13 million, a PE ratio of -2.21 and a beta of -0.22. Barnwell Industries has a twelve month low of $1.27 and a twelve month high of $3.20.

Barnwell Industries Company Profile

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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.

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