Zion Oil & Gas (NASDAQ:ZN) opened at $4.68 on Friday. The company has a market capitalization of $247.36, a PE ratio of -18.72 and a beta of 0.13. Zion Oil & Gas has a 1-year low of $1.07 and a 1-year high of $6.90. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.12.
A hedge fund recently raised its stake in Zion Oil & Gas stock. Northern Trust Corp grew its position in shares of Zion Oil & Gas, Inc. (NASDAQ:ZN) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,447 shares of the oil and gas producer’s stock after buying an additional 1,478 shares during the period. Northern Trust Corp owned about 0.14% of Zion Oil & Gas worth $231,000 as of its most recent SEC filing. 6.63% of the stock is owned by institutional investors.
About Zion Oil & Gas
Zion Oil & Gas, Inc is an oil and gas exploration company. The Company holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License (MJL), comprising approximately 99,000 acres. The MJL is onshore, south and west of the Sea of Galilee. The Company has drilled approximately four exploratory wells.
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