Barnwell Industries (NYSE:BRN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Barnwell Industries (NYSE:BRN) in a report published on Saturday morning. The firm issued a hold rating on the stock.

Barnwell Industries Stock Down 4.6 %

Shares of Barnwell Industries stock opened at $1.45 on Friday. The stock has a market capitalization of $14.58 million, a P/E ratio of -2.13 and a beta of -0.22. Barnwell Industries has a 12-month low of $1.27 and a 12-month high of $3.20. The company has a 50-day simple moving average of $1.57 and a 200 day simple moving average of $1.70.

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.