Zion Oil & Gas, Inc. (OTCMKTS:ZNOG – Get Rating) was the target of a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 191,400 shares, a decrease of 25.5% from the December 15th total of 257,000 shares. Based on an average daily trading volume, of 4,017,200 shares, the short-interest ratio is presently 0.0 days.
Zion Oil & Gas Stock Performance
ZNOG opened at $0.08 on Thursday. The firm's fifty day moving average is $0.09 and its two-hundred day moving average is $0.15. The firm has a market cap of $40.32 million, a PE ratio of -1.54 and a beta of 0.78. Zion Oil & Gas has a twelve month low of $0.05 and a twelve month high of $0.42.
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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.Further Reading
- Get a free copy of the StockNews.com research report on Zion Oil & Gas (ZNOG)
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