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Barnwell Industries (NYSE:BRN) COO Alexander C. Kinzler acquired 2,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $2.98 per share, with a total value of $5,960.00. Following the completion of the acquisition, the chief operating officer now directly owns 307,000 shares in the company, valued at approximately $914,860. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Barnwell Industries (NYSE:BRN) traded down 0.66% during mid-day trading on Wednesday, hitting $3.00. The stock had a trading volume of 2,400 shares. Barnwell Industries has a one year low of $2.75 and a one year high of $3.65. The stock’s 50-day moving average is $3.05 and its 200-day moving average is $3.07. The company’s market cap is $24.8 million.

Barnwell Industries, Inc (NYSE:BRN) operates in four segments: Oil and Natural Gas Segment, Land Investment Segment, Contract Drilling Segment and Residential Real Estate Segment.

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