Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get Free Report)’s stock price traded down 1.3% during mid-day trading on Tuesday . The company traded as low as $0.3972 and last traded at $0.4046. 2,972,538 shares traded hands during trading, a decline of 7% from the average session volume of 3,191,725 shares. The stock had previously closed at $0.41.
Zion Oil & Gas Price Performance
The business has a 50 day simple moving average of $0.34 and a 200 day simple moving average of $0.24. The stock has a market cap of $476.39 million, a PE ratio of -0.23 and a beta of 0.38.
Zion Oil & Gas Company Profile
Zion Oil & Gas Inc (OTCMKTS: ZNOG) is a United States–based oil and gas exploration company focused on identifying and developing hydrocarbon resources in Israel. The company’s primary activities include land leasing, geological and geophysical surveying, seismic data acquisition, exploratory drilling and reservoir evaluation. Zion Oil & Gas seeks to discover commercial quantities of oil and natural gas in underexplored onshore basins and to advance potential discoveries through appraisal and development planning.
Zion holds interests in several concessions in northern Israel, including areas around the Galilee Basin and the Shefla Basin.
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