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

StockNews.com began coverage on shares of Barnwell Industries (NYSE:BRN) in a research report released on Sunday morning. The firm issued a hold rating on the stock.

Barnwell Industries Trading Up 1.5 %

Shares of BRN opened at $1.37 on Friday. The company has a market cap of $13.77 million, a price-to-earnings ratio of -2.01 and a beta of 0.02. The company’s fifty day simple moving average is $1.67 and its 200 day simple moving average is $1.88. Barnwell Industries has a 1-year low of $1.28 and a 1-year high of $3.20.

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.