Brian Desmond Mcgill Sells 20,000 Shares of Zedcor (CVE:ZDC) Stock

Zedcor Inc. (CVE:ZDC) Director Brian Desmond Mcgill sold 20,000 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of C$5.20, for a total value of C$104,000.00. Following the completion of the transaction, the director directly owned 174,300 shares of the company’s stock, valued at approximately C$906,360. This trade represents a 10.29% decrease in their position.

Zedcor Price Performance

Shares of Zedcor stock traded down C$0.03 on Tuesday, reaching C$5.08. The company’s stock had a trading volume of 169,653 shares, compared to its average volume of 303,022. The company has a quick ratio of 0.87, a current ratio of 1.12 and a debt-to-equity ratio of 53.80. The company has a market capitalization of C$563.51 million, a P/E ratio of 508.00 and a beta of 1.25. The stock has a 50-day moving average price of C$5.74 and a 200-day moving average price of C$5.72. Zedcor Inc. has a 52-week low of C$3.82 and a 52-week high of C$7.00.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial set a C$7.50 target price on shares of Zedcor and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$7.54.

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