Short Term Outlook For Zion Oil & Gas, Inc. (NASDAQ:ZN)


Zion Oil & Gas, Inc. (NASDAQ:ZN) closed its last session at $4.35. The stock traded within a range of $3.40 and $4.84. The company operates in the Energy sector with a market capitalization of 228420. Trading volume for Zion Oil & Gas, Inc. was 11.5 Million in its previous trading session. Currently, Zion Oil & Gas, Inc. (NASDAQ:ZN) has an average volume of 570.89 Million.

Company Profile

ZION OIL & GAS, INC. was founded for the purpose of exploring for oil and gas in Israel and reaching production levels that would help Israel become an energy independent country. Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv. It currently holds two petroleum exploration licenses, the Joseph and the Asher-Menashe Licenses, between Netanya on the south and Haifa on the north. From its inception, the calling of Zion Oil & Gas has been to assist Israel in the restoration of the Land by finding and producing oil and gas helping to make Israel politically and economically independent.

Analyst Views

Zion Oil & Gas, Inc. (NASDAQ:ZN) touched its 1-Year High price of $6.90 on 07/07/17 and its 1-Year Low price of $1.07 on 03/09/17.

EPS & Financials

For the current quarter, 0 analysts are projecting a mean EPS of $0/share. According to their observations and findings, the stock could provide a high EPS of $0/share and a low EPS of $0/share.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Zion Oil & Gas, Inc. (NASDAQ:ZN) has a 20-Day average volume of 1.57 Million. According to today’s trading volume Zion Oil & Gas, Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 1.7 Percent and Institutional ownership of 5.8 Percent. The return on assets stands at -62.2%, Return on Equity currently is -98.3% and the Return on Investment value is 0%.

Zion Oil & Gas, Inc. (NASDAQ:ZN) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 83.8% with a 50-Day Simple Moving Average of 85.37 percent. As of today, the company has a SMA200 (200-day simple moving average) of 60.92 Percent. The Stock has YTD (year to date) performance of 101.39 percent.

The TTM operating margin for the company stands at 0%. The return on invested capital is at 0%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 60.92%, and has a solid year to date (YTD) performance of 101.39% which means that the stock is constantly adding to its value from the previous fiscal year end price.