Kenneth Grossman Purchases 59,563 Shares of Barnwell Industries (NYSE:BRN) Stock

Barnwell Industries, Inc. (NYSE:BRN) Director Kenneth Grossman bought 59,563 shares of the business’s stock in a transaction on Monday, November 24th. The stock was acquired at an average cost of $1.10 per share, for a total transaction of $65,519.30. Following the completion of the transaction, the director owned 271,603 shares in the company, valued at $298,763.30. This represents a 28.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Barnwell Industries Trading Down 5.0%

Barnwell Industries stock opened at $1.15 on Friday. The stock has a market cap of $11.59 million, a P/E ratio of -1.69 and a beta of -0.32. The stock has a 50 day moving average of $1.23 and a 200-day moving average of $1.22. Barnwell Industries, Inc. has a 52 week low of $1.08 and a 52 week high of $2.28.

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.