Barnwell Industries (BRN) Upgraded by TheStreet to “C+”

TheStreet upgraded shares of Barnwell Industries (NYSEAMERICAN:BRN) from a d+ rating to a c+ rating in a research note published on Wednesday morning.

Barnwell Industries (NYSEAMERICAN:BRN) traded up $0.09 during trading hours on Wednesday, hitting $2.24. 132,400 shares of the stock traded hands, compared to its average volume of 49,200. Barnwell Industries has a 1-year low of $1.58 and a 1-year high of $2.70. The firm has a market capitalization of $17.22, a P/E ratio of 16.00 and a beta of 1.41.

Barnwell Industries (NYSEAMERICAN:BRN) last posted its quarterly earnings data on Thursday, December 21st. The energy company reported $0.08 EPS for the quarter. Barnwell Industries had a negative net margin of 38.36% and a negative return on equity of 14.46%. The business had revenue of $4.37 million during the quarter.

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Barnwell Industries Company Profile

Barnwell Industries, Inc is engaged in various lines of business, such as acquiring, developing, producing and selling oil and natural gas in Canada; investing in land interests in Hawaii; drilling wells, and installing and repairing water pumping systems in Hawaii, and developing homes for sale in Hawaii.

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