Shares of Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get Free Report) shot up 5.6% during trading on Tuesday . The company traded as high as $0.57 and last traded at $0.5650. Approximately 595,984 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 4,480,646 shares. The stock had previously closed at $0.5351.
Zion Oil & Gas Stock Up 2.8%
The stock has a market cap of $653.33 million, a P/E ratio of -0.31 and a beta of 0.63. The firm has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.38.
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.
Featured Stories
- Five stocks we like better than Zion Oil & Gas
- How Does D-Wave’s New Simulator Change the Quantum Computing Landscape?
- Amazon’s Pullback Deepens as a New FTC Risk Hits the Stock
- The Biotech Sector Looks Ready for a Multi-Year Breakout—Here’s What to Watch.
- How Intel Is Packaging the Future of American Chips
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.
