Barnwell Industries (NYSE:BRN) Director Purchases $65,519.30 in Stock

Barnwell Industries, Inc. (NYSE:BRN) Director Kenneth Grossman purchased 59,563 shares of the business’s stock in a transaction on Monday, November 24th. The stock was acquired at an average price of $1.10 per share, with a total value of $65,519.30. Following the completion of the acquisition, the director directly owned 271,603 shares in the company, valued at $298,763.30. The trade was a 28.09% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Barnwell Industries Stock Up 10.4%

BRN stock opened at $1.27 on Friday. The stock has a market capitalization of $12.79 million, a price-to-earnings ratio of -1.87 and a beta of -0.32. Barnwell Industries, Inc. has a 52-week low of $1.08 and a 52-week high of $2.28. The stock’s fifty day simple moving average is $1.23 and its 200-day simple moving average is $1.22.

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.