Barnwell Industries (NYSE:BRN) Director Joshua Horowitz Purchases 45,000 Shares

Barnwell Industries, Inc. (NYSE:BRN) Director Joshua Horowitz purchased 45,000 shares of the stock in a transaction dated Monday, November 24th. The stock was acquired at an average cost of $1.10 per share, for a total transaction of $49,500.00. Following the transaction, the director owned 315,276 shares of the company’s stock, valued at approximately $346,803.60. This trade represents a 16.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Joshua Horowitz also recently made the following trade(s):

• On Monday, November 24th, Joshua Horowitz acquired 14,563 shares of Barnwell Industries stock. The stock was acquired at an average cost of $1.10 per share, with a total value of $16,019.30.

Barnwell Industries Stock Performance

BRN stock traded down $0.06 during midday trading on Wednesday, reaching $1.15. 14,874 shares of the company’s stock traded hands, compared to its average volume of 153,281. The firm has a market capitalization of $11.59 million, a PE ratio of -1.69 and a beta of -0.32. The company has a 50-day moving average price of $1.23 and a two-hundred day moving average price 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.