Shares of Barnwell Industries Inc. (NYSE American:BRN) traded at a new 52-week high today of $6.38. This new high was reached on above average trading volume as 2.5 million shares traded hands, while the average 30-day volume is approximately 762,000 shares.
Based on a current price of $5.43, Barnwell Industries Inc. is currently 15.2% above its average consensus analyst price target of $4.61.
Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue; and Canada.
Barnwell Industries Inc. share prices have moved between a 52-week high of $6.38 and a 52-week low of $2.00 and are now trading 172% above that low price at $5.43 per share.
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