Zion Oil & Gas, Inc. (OTCMKTS:ZNOG – Get Rating) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 171,400 shares, a decline of 33.0% from the July 31st total of 255,700 shares. Based on an average trading volume of 1,755,000 shares, the short-interest ratio is presently 0.1 days.
Zion Oil & Gas Stock Down 3.7 %
OTCMKTS:ZNOG opened at $0.16 on Friday. The firm has a market capitalization of $77.34 million, a price-to-earnings ratio of -3.25 and a beta of 0.74. Zion Oil & Gas has a twelve month low of $0.10 and a twelve month high of $0.42. The stock's 50 day moving average price is $0.23 and its two-hundred day moving average price is $0.20.
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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.Read More
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