Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $0.4998, but opened at $0.5150. Zion Oil & Gas shares last traded at $0.4942, with a volume of 290,697 shares.
Zion Oil & Gas Price Performance
The company has a market cap of $586.38 million, a PE ratio of -0.28 and a beta of 0.63. The company has a 50-day moving average of $0.48 and a 200 day moving average of $0.39.
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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