Barnwell Industries, Inc. (NYSEMKT:BRN) was downgraded by stock analysts at TheStreet from a “c” rating to a “d+” rating in a note issued to investors on Friday.

Shares of Barnwell Industries (NYSEMKT BRN) opened at 1.81 on Friday. The company’s market capitalization is $14.98 million. The firm’s 50-day moving average is $1.83 and its 200 day moving average is $1.94. Barnwell Industries has a 12 month low of $1.43 and a 12 month high of $2.70.

Barnwell Industries (NYSEMKT:BRN) last announced its earnings results on Wednesday, August 9th. The energy company reported ($0.06) earnings per share for the quarter. The business had revenue of $1.34 million for the quarter. Barnwell Industries had a negative return on equity of 14.46% and a negative net margin of 38.36%.

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About Barnwell Industries

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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