Zion Oil & Gas Inc. (NASDAQ:ZN) does about 8.17M shares in volume on a normal day but saw 16411669 shares change hands in Tuesday trading. The company now has a market cap of 51.58M USD and an enterprise value of about $61.80M. Its current market price is $0.23, marking a decrease of -25.55% compared to the previous close of $0.31. The 52 week high reached by this stock is $0.88 whilst the lowest price level in 52 weeks is $0.12. The script in recent trading has seen the stock touch a high of $0.275 and a low of $0.21.
Zion Oil & Gas Inc. (ZN) has a 20-day trading average at $0.3727 and the current price is -73.64% off the 52-week high compared with 93.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3132 and its 200-day simple moving average is $0.2524. If we look at the stock’s price movements over the week, volatility stands at 14.45%, which decreases to 11.35% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 35.31 to suggest the stock is neutral.
The current price level is -39.89%, -26.34%, and -8.02% away from its SMA20, SMA50, and SMA200 respectively, with the ZN price moving above the 50-day SMA on September 01. Zion Oil & Gas Inc. (ZN) stock is down -27.55% over the week and -47.79% over the past month. Its price is 34.41% year-to-date and -16.18% over the past year.
The company’s next earnings report is expected on 08/04/2020.
Outstanding shares total 205.33M with insiders holding 6.51% of the shares and institutional holders owning 3.26% of the company’s common stock. The company has a return on equity of -40.70%. The beta has a value of 0.62. Price to book ratio is 1.78.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in Zion Oil & Gas Inc. (ZN) to 5,857,111 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of Zion Oil & Gas Inc. common stock bringing its total worth to about $2.64 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 991,380 shares worth $0.45 million. Fidelity Extended Market Index Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.34% position in Zion Oil & Gas Inc. thanks to 0.59 million shares amounting to $0.27 million.