Is Barnwell Industries Inc (AMEX: BRN) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

BRN belongs to the Energy sector of the AMEX while operating in the Oil & Gas E&P industry. The current market capitalization of Barnwell Industries Inc is $18.60M. A total of 16.83 million shares were traded on the day, compared to an average of 101.61K shares.

In the most recent transaction, Hopkins Craig Douglas bought 10,000 shares of BRN for 1.65 per share on Jan 17 ’25. After the transaction, the Chief Executive Officer now owns 151,000 company shares. In a previous transaction on Aug 29 ’24, Hopkins Craig Douglas bought 5,000 shares at 2.50 per share. BRN shares that President and CEO owns now total 75,000.

Among the insiders who bought shares, Hopkins Craig Douglas acquired of 5,000 shares on Aug 28 ’24 at a per-share price of $2.37. This resulted in the President and CEO holding 70,000 shares of BRN after the transaction. In another insider transaction, Horowitz Joshua bought 10,096 shares at $2.30 per share on Aug 23 ’24. Company shares held by the Director now total 270,276.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. BRN’s most recent ex-dividend date was 2.42% when it declared a $0.0150 quarterly dividend that was paid in cash on 8/24/2023.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BRN has a high of $2.59 and a low of $1.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BRN’s latest balance sheet shows that the firm has $11.28M in Cash & Short Term Investments as of fiscal 2021. There were $227.00k in debt and $5.90M in liabilities at the time. Its Book Value Per Share was $1.01, while its Total Shareholder’s Equity was $9.51M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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