Zion Oil & Gas (OTCMKTS:ZNOG) Shares Up 6.3%

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG – Get Rating) shares shot up 6.3% during trading on Monday . The company traded as high as $0.15 and last traded at $0.15. 2,706,524 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 3,530,717 shares. The stock had previously closed at $0.14.

The stock has a market cap of $64.67 million, a PE ratio of -2.90 and a beta of 1.31. The business has a fifty day moving average of $0.13 and a 200 day moving average of $0.16.

Zion Oil & Gas Company Profile (OTCMKTS:ZNOG)

Zion Oil & Gas, Inc, together with its subsidiaries, operates as an oil and gas exploration company in Israel. The company holds a petroleum exploration license onshore Israel, the New Megiddo License 428 comprising an area of approximately 99,000 acres. Zion Oil & Gas, Inc was incorporated in 2000 and is headquartered in Dallas, Texas.

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