Zedcor (CVE:ZDC) PT Set at C$1.70 by Cormark

Cormark set a C$1.70 price target on Zedcor (CVE:ZDC) in a research report report published on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Zedcor Stock Down 2.8 %

CVE ZDC opened at C$1.04 on Wednesday. The company has a debt-to-equity ratio of 227.93, a current ratio of 0.77 and a quick ratio of 0.87. The stock has a market capitalization of C$80.45 million, a PE ratio of 13.00 and a beta of 2.29. Zedcor has a 1 year low of C$0.49 and a 1 year high of C$1.19. The business’s 50-day moving average is C$0.84 and its 200 day moving average is C$0.69.

Zedcor (CVE:ZDC) last posted its earnings results on Wednesday, April 10th. The company reported C($0.01) earnings per share (EPS) for the quarter. Zedcor had a return on equity of 25.74% and a net margin of 10.66%. The business had revenue of C$5.80 million during the quarter. Sell-side analysts forecast that Zedcor will post 0.056 earnings per share for the current year.

Insiders Place Their Bets

In other Zedcor news, Senior Officer Jan Marie Campbell sold 125,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$1.06, for a total value of C$132,500.00. In other Zedcor news, Senior Officer James Joseph Leganchuk sold 150,000 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of C$0.57, for a total value of C$85,500.00. Also, Senior Officer Jan Marie Campbell sold 125,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of C$1.06, for a total transaction of C$132,500.00. Insiders sold 476,000 shares of company stock worth $335,020 over the last three months. Company insiders own 37.80% of the company’s stock.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. The company 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. It also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.