(BRN) Barnwell Industries - Ratings and Ratios

Barnwell Industries Inc. is a diversified energy company with operations primarily focused on Canada. The company is engaged in the acquisition and development of crude oil and natural gas assets. It operates through three key segments: Oil and Natural Gas, Land Investment, and Contract Drilling. In the Oil and Natural Gas segment, Barnwell produces and sells oil, natural gas, and natural gas liquids. The Land Investment segment involves ownership interests in land developments. The Contract Drilling segment includes the operation of three water well drilling rigs, two pump rigs, and other auxiliary drilling and pump equipment. The company also specializes in drilling water and water monitoring wells of varying depths, installing and repairing water pumping systems, and distributing pumps and equipment. Incorporated in 1956, Barnwell Industries is headquartered in Honolulu, Hawaii.

Over the next three months, Barnwell Industries Inc. (NYSE MKT:BRN) is expected to face a challenging environment based on current technical and fundamental analysis. Technically, the stock is trading below its 20-day and 50-day Simple Moving Averages (SMA) of 1.61 and 1.66, respectively, indicating potential bearish momentum. The 200-day SMA of 2.05 further suggests that the stock is in a downtrend. The Average True Range (ATR) of 0.11 reflects relatively low volatility, which may limit significant price swings. From a fundamental perspective, the companys negative Price-to-Earnings (P/E) ratio and negative Return on Equity (RoE) of -60.42% signal financial stress and potential operational challenges. The low Price-to-Sales (P/S) ratio of 0.73 and Price-to-Book (P/B) ratio of 1.30 may indicate undervaluation but also raise concerns about profitability. Given these factors, the stock is likely to trade within a narrow range of $1.40 to $1.60 over the next three months, with potential downside risks if the company fails to address its profitability issues.