Shares of Zion Oil & Gas, Inc. (NASDAQ:ZN) gapped up prior to trading on Thursday . The stock had previously closed at $0.32, but opened at $0.36. Zion Oil & Gas shares last traded at $0.38, with a volume of 2,314,922 shares trading hands.

The business has a 50 day moving average of $0.38. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.21 and a quick ratio of 1.21.

Zion Oil & Gas (NASDAQ:ZN) last announced its quarterly earnings data on Tuesday, May 14th. The oil and gas producer reported ($0.03) EPS for the quarter.

A hedge fund recently raised its stake in Zion Oil & Gas stock. Rhumbline Advisers increased its holdings in shares of Zion Oil & Gas, Inc. (NASDAQ:ZN) by 49.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,482 shares of the oil and gas producer’s stock after acquiring an additional 22,080 shares during the quarter. Rhumbline Advisers owned approximately 0.10% of Zion Oil & Gas worth $28,000 as of its most recent SEC filing. 10.73% of the stock is currently owned by institutional investors and hedge funds.

Zion Oil & Gas Company Profile (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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