Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get 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
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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