Zion Oil & Gas, Inc. (NASDAQ:ZN)’s stock price fell 9.7% on Friday . The company traded as low as $0.22 and last traded at $0.28, 2,278,000 shares were traded during mid-day trading. An increase of 239% from the average session volume of 671,490 shares. The stock had previously closed at $0.31.
The stock has a 50 day simple moving average of $0.32 and a 200-day simple moving average of $0.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.37 and a current ratio of 2.37.
Zion Oil & Gas (NASDAQ:ZN) last released its quarterly earnings results on Wednesday, August 7th. The oil and gas producer reported ($0.02) earnings per share (EPS) for the quarter.
About Zion Oil & Gas (NASDAQ:ZN)
Zion Oil & Gas, Inc operates as an oil and gas exploration company in Israel. It holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License that covers an area of approximately 99,000 acres. The company was founded in 2000 and is based in Dallas, Texas.
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