Zedcor (CVE:ZDC) Trading Down 4.6% – Here’s Why

Shares of Zedcor Inc. (CVE:ZDCGet Free Report) traded down 4.6% during trading on Wednesday . The company traded as low as C$5.15 and last traded at C$5.15. 101,063 shares were traded during mid-day trading, a decline of 67% from the average session volume of 307,587 shares. The stock had previously closed at C$5.40.

Analyst Ratings Changes

Separately, National Bank Financial set a C$7.50 price objective on Zedcor and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$7.54.

Check Out Our Latest Stock Report on ZDC

Zedcor Price Performance

The company has a market capitalization of C$571.28 million, a price-to-earnings ratio of 515.00 and a beta of 1.22. The company has a 50-day moving average price of C$5.86 and a 200-day moving average price of C$5.76. The company has a debt-to-equity ratio of 53.80, a quick ratio of 0.87 and a current ratio of 1.12.

Zedcor Company Profile

(Get Free Report)

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. It serves customers in the construction, mining, oil and gas, pipeline and facilities, office, commercial, retail, industrial manufacturing, warehouse, and automotive sectors.

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