Zedcor (CVE:ZDC) Stock Price Down 1% – Time to Sell?

Zedcor Inc. (CVE:ZDC)’s share price traded down 1% during trading on Monday . The stock traded as low as C$4.99 and last traded at C$5.10. 188,216 shares were traded during mid-day trading, a decline of 49% from the average session volume of 369,897 shares. The stock had previously closed at C$5.15.

Analyst Ratings Changes

Separately, Ventum Financial set a C$8.70 target price on Zedcor and gave the stock a “buy” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, Zedcor has an average rating of “Buy” and an average target price of C$7.54.

Zedcor Stock Down 1.0%

The firm has a market cap of C$565.69 million, a P/E ratio of 255.00 and a beta of 1.02. The company has a current ratio of 0.78, a quick ratio of 0.87 and a debt-to-equity ratio of 56.50. The business has a 50-day moving average price of C$5.80 and a 200-day moving average price of C$5.75.

About Zedcor

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.