Barnwell Industries (NYSE:BRN) VP Buys $48,175.60 in Stock

Key Points

  • VP Philip Patman Jr. purchased 43,796 shares at $1.10 each on November 24 for a total of $48,175.60, boosting his ownership 26.32% to 210,211 shares (filed with the SEC).
  • Barnwell (NYSE:BRN) traded at $1.15 (down $0.06) on low volume of 14,874 versus an average of 153,281, with a market cap of $11.59M, a negative P/E of -1.69, and a 52-week range of $1.08–$2.28.

Barnwell Industries, Inc. (NYSE:BRN - Get Free Report) VP Philip Patman, Jr. purchased 43,796 shares of the firm's stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average price of $1.10 per share, for a total transaction of $48,175.60. Following the completion of the transaction, the vice president owned 210,211 shares in the company, valued at $231,232.10. The trade was a 26.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Barnwell Industries Stock Performance

NYSE:BRN traded down $0.06 during trading hours on Thursday, hitting $1.15. The stock had a trading volume of 14,874 shares, compared to its average volume of 153,281. The business's 50 day moving average is $1.23 and its 200-day moving average is $1.22. Barnwell Industries, Inc. has a one year low of $1.08 and a one year high of $2.28. The company has a market cap of $11.59 million, a price-to-earnings ratio of -1.69 and a beta of -0.32.

About Barnwell Industries

(Get Free Report)

Barnwell Industries, Inc acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. It also acquires and develops crude oil and natural gas assets in the province of Alberta, as well as invests in land interests in Hawaii.

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