Zion Oil & Gas (OTCMKTS:ZNOG) Trading Up 10.3% – Time to Buy?

Zion Oil & Gas Inc (OTCMKTS:ZNOGGet Free Report) shares were up 10.3% on Friday . The stock traded as high as $0.4688 and last traded at $0.4630. 636,738 shares changed hands during trading, a decline of 85% from the average session volume of 4,326,520 shares. The stock had previously closed at $0.4199.

Zion Oil & Gas Price Performance

The stock has a market capitalization of $517.08 million, a PE ratio of -0.25 and a beta of 0.66. The business’s fifty day moving average price is $0.49 and its 200-day moving average price is $0.40.

About Zion Oil & Gas

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Zion Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zion Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.