Barnwell Industries (NYSE:BRN) VP Purchases 43,796 Shares

Barnwell Industries, Inc. (NYSE:BRN) VP Philip Patman, Jr. bought 43,796 shares of Barnwell Industries stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average price of $1.10 per share, with a total value of $48,175.60. Following the completion of the transaction, the vice president owned 210,211 shares of the company’s stock, valued at $231,232.10. This represents a 26.32% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Barnwell Industries Trading Down 5.0%

Shares of BRN traded down $0.06 during trading hours on Wednesday, reaching $1.15. 14,874 shares of the company’s stock traded hands, compared to its average volume of 153,281. Barnwell Industries, Inc. has a 12 month low of $1.08 and a 12 month high of $2.28. The stock has a market cap of $11.59 million, a PE ratio of -1.69 and a beta of -0.32. The firm’s 50 day simple moving average is $1.23 and its 200-day simple moving average is $1.22.

About Barnwell Industries

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.