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Zion Oil & Gas (OTCMKTS:ZNOG) Trading 9.5% Higher - Still a Buy?

Zion Oil & Gas logo with Oils/Energy background

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) was up 9.5% during trading on Monday . The company traded as high as $0.22 and last traded at $0.21. Approximately 9,015,689 shares changed hands during trading, an increase of 130% from the average daily volume of 3,926,578 shares. The stock had previously closed at $0.19.

Zion Oil & Gas Trading Up 6.5 %

The company has a fifty day moving average of $0.13 and a 200 day moving average of $0.09.

About Zion Oil & Gas

(Get Free Report)

Zion Oil & Gas, Inc, together with its subsidiaries, operates as an oil and gas exploration company in Israel. It holds a petroleum exploration license onshore Israel, the New Megiddo License 434 comprising an area of approximately 75,000 acres. The company was incorporated in 2000 and is headquartered in Dallas, Texas.

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