Zion Oil & Gas (OTCMKTS:ZNOG) Stock Price Up 27.1% – Should You Buy?

Zion Oil & Gas, Inc. (OTCMKTS:ZNOGGet Free Report)’s stock price rose 27.1% during trading on Friday . The company traded as high as $0.11 and last traded at $0.11. Approximately 5,034,735 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 3,205,356 shares. The stock had previously closed at $0.08.

Zion Oil & Gas Trading Up 27.1 %

The firm’s 50 day moving average price is $0.09 and its two-hundred day moving average price is $0.06.

Zion Oil & Gas Company Profile

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Zion Oil & Gas, Inc, together with its subsidiaries, operates as an oil and gas exploration company in Israel. It holds a petroleum exploration license onshore Israel, the New Megiddo License 434 comprising an area of approximately 75,000 acres. The company was incorporated in 2000 and is headquartered in Dallas, Texas.

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