Zedcor (CVE:ZDC) Director Brian Desmond Mcgill Sells 1,800 Shares of Stock

Zedcor Inc. (CVE:ZDC) Director Brian Desmond Mcgill sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of C$5.85, for a total value of C$10,530.00. Following the transaction, the director owned 7,800 shares of the company’s stock, valued at C$45,630. This trade represents a 18.75% decrease in their position.

Zedcor Trading Down 1.4%

Shares of ZDC opened at C$5.80 on Friday. The stock has a fifty day moving average price of C$4.73 and a two-hundred day moving average price of C$3.96. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14. Zedcor Inc. has a 52-week low of C$2.47 and a 52-week high of C$6.20. The company has a market cap of C$610.51 million, a price-to-earnings ratio of 290.00 and a beta of 1.17.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Stifel Nicolaus set a C$7.00 price objective on Zedcor and gave the company a “buy” rating in a research report on Wednesday, August 20th. National Bank Financial raised Zedcor to a “strong-buy” rating in a research note on Monday, June 23rd. Canaccord Genuity Group lifted their target price on Zedcor from C$5.25 to C$7.00 in a research note on Friday. Stifel Canada raised Zedcor to a “strong-buy” rating in a research note on Tuesday, August 19th. Finally, National Bankshares lifted their target price on Zedcor from C$5.50 to C$7.50 and gave the company an “outperform” rating in a research note on Thursday, October 9th. Three analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average target price of C$5.90.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.