Zedcor (CVE:ZDC) Trading Down 1.2% - Time to Sell?

Zedcor Inc. (CVE:ZDC - Get Free Report) shares fell 1.2% on Thursday . The company traded as low as C$3.30 and last traded at C$3.31. 177,254 shares were traded during trading, a decline of 40% from the average session volume of 294,794 shares. The stock had previously closed at C$3.35.

Analysts Set New Price Targets

ZDC has been the subject of several research analyst reports. Canaccord Genuity Group upgraded shares of Zedcor to a "strong-buy" rating in a report on Thursday, December 12th. Canaccord Genuity Group set a C$4.25 price target on Zedcor and gave the stock a "buy" rating in a research note on Thursday, December 12th. Finally, Raymond James raised their price objective on Zedcor from C$3.25 to C$3.75 in a research report on Thursday, November 14th.

Zedcor Stock Performance

The company has a debt-to-equity ratio of 84.82, a current ratio of 1.51 and a quick ratio of 0.87. The business has a 50 day moving average price of C$3.43 and a 200 day moving average price of C$2.68. The stock has a market capitalization of C$316.01 million, a PE ratio of 170.00 and a beta of 2.48.

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.