Zion Oil & Gas Inc (ZN) Treasurer Sells $49,881.34 in Stock
Zion Oil & Gas Inc (NASDAQ:ZN) Treasurer Brauman Martin Van sold 25,066 shares of Zion Oil & Gas stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $1.99, for a total transaction of $49,881.34. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Zion Oil & Gas Inc (ZN) traded down $0.02 during mid-day trading on Friday, reaching $1.89. 293,300 shares of the company traded hands, compared to its average volume of 684,348. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.23 and a current ratio of 1.23. Zion Oil & Gas Inc has a 12 month low of $1.07 and a 12 month high of $6.90.
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A number of hedge funds have recently modified their holdings of the stock. Advisor Group Inc. lifted its stake in shares of Zion Oil & Gas by 16.7% during the second quarter. Advisor Group Inc. now owns 32,036 shares of the oil and gas producer’s stock worth $110,000 after buying an additional 4,591 shares during the period. Northern Trust Corp lifted its stake in shares of Zion Oil & Gas by 2.2% during the second quarter. Northern Trust Corp now owns 67,447 shares of the oil and gas producer’s stock worth $231,000 after buying an additional 1,478 shares during the period. B. Riley Financial Inc. acquired a new stake in shares of Zion Oil & Gas during the second quarter worth $261,000. Finally, Vanguard Group Inc. lifted its stake in shares of Zion Oil & Gas by 3.2% during the second quarter. Vanguard Group Inc. now owns 1,212,744 shares of the oil and gas producer’s stock worth $4,160,000 after buying an additional 37,599 shares during the period. 4.73% of the stock is currently owned by institutional investors.
Zion Oil & Gas Company Profile
Zion Oil & Gas, Inc is an oil and gas exploration company. The Company holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License (MJL), comprising approximately 99,000 acres. The MJL is onshore, south and west of the Sea of Galilee. The Company has drilled approximately four exploratory wells.
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