Zion Oil & Gas, Inc. (OTCMKTS:ZNOG – Get Rating) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 234,300 shares, a growth of 26.6% from the October 15th total of 185,000 shares. Based on an average daily volume of 4,120,900 shares, the days-to-cover ratio is currently 0.1 days.
Zion Oil & Gas Stock Performance
Zion Oil & Gas stock opened at $0.13 on Friday. The company's fifty day moving average price is $0.15 and its 200 day moving average price is $0.20. Zion Oil & Gas has a 1 year low of $0.10 and a 1 year high of $0.42. The stock has a market capitalization of $63.36 million, a P/E ratio of -2.55 and a beta of 0.58.
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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.Recommended Stories
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