Barnwell Industries (BRN) Upgraded by TheStreet to C+

Barnwell Industries (NYSEAMERICAN:BRN) was upgraded by equities research analysts at TheStreet from a “d+” rating to a “c+” rating in a research report issued on Wednesday.

Barnwell Industries (NYSEAMERICAN BRN) traded down $0.07 during trading hours on Wednesday, hitting $2.14. 11,227 shares of the stock were exchanged, compared to its average volume of 30,915. The stock has a market cap of $17.71, a P/E ratio of 15.29 and a beta of 1.41. Barnwell Industries has a 12-month low of $1.58 and a 12-month high of $2.70.

Barnwell Industries (NYSEAMERICAN:BRN) last released its earnings results on Thursday, December 21st. The energy company reported $0.08 earnings per share for the quarter. Barnwell Industries had a negative net margin of 38.36% and a negative return on equity of 14.46%. The firm had revenue of $4.37 million for 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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