Barnwell Industries, Inc. (BRN) Issues Quarterly Earnings Results
Barnwell Industries, Inc. (NYSEMKT:BRN) announced its earnings results on Wednesday. The energy company reported ($0.06) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Barnwell Industries had a negative return on equity of 16.85% and a negative net margin of 21.20%. The business had revenue of $1.34 million for the quarter.
Shares of Barnwell Industries (NYSEMKT:BRN) traded down 3.85% during midday trading on Thursday, reaching $1.75. 26,495 shares of the company’s stock traded hands. Barnwell Industries has a 52 week low of $1.40 and a 52 week high of $2.70. The stock’s 50 day moving average is $1.83 and its 200-day moving average is $1.93. The company has a market capitalization of $14.48 million, a PE ratio of 43.75 and a beta of 0.96.
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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