Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Barnwell Industries Inc shares valued at $12,500 were purchased by Hopkins Craig Douglas on Aug 29 ’24. At $2.50 per share, Hopkins Craig Douglas acquired 5,000 shares. The insider’s holdings grew to 75,000 shares worth approximately $0.13 million following the completion of this transaction.
Also, Hopkins Craig Douglas purchased 5,000 shares, netting a total of over 11,850 in proceeds. Following the buying of shares at $2.37 each, the insider now holds 70,000 shares.
Before that, Horowitz Joshua had added 10,096 shares to its account. In a trade valued at $23,232, the Director bought Barnwell Industries Inc shares for $2.30 each. Upon closing the transaction, the insider’s holdings increased to 10,096 shares, worth approximately $0.46 million.
Analyzing BRN Stock Performance
During the last five days, there has been a surge of approximately 13.91%. Over the course of the year, Barnwell Industries Inc shares have jumped approximately 13.91%. Shares of the company reached a 52-week high of $1.7400 on 01/08/25 and a 52-week low of $1.4500 on 01/03/25. A 50-day SMA is recorded $1.6801, while a 200-day SMA reached $2.2457. Nevertheless, trading volume fell to 0.1 million shares from 29700.0 shares the previous day.
Support And Resistance Levels for Barnwell Industries Inc (BRN)
According to the 24-hour chart, there is a support level at 1.6267, which, if violated, would cause prices to drop to 1.5333. In the upper region, resistance lies at 1.7767. The next price resistance is at 1.8333. RSI (Relative Strength Index) is 58.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0657, which suggests the price will decrease in the coming days. Percent R is at 4.65%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
