Zedcor (CVE:ZDC) Trading Up 1.2% - Here's Why

Zedcor Inc. (CVE:ZDC - Get Free Report) shares were up 1.2% during mid-day trading on Tuesday . The stock traded as high as C$3.36 and last traded at C$3.29. Approximately 206,380 shares traded hands during trading, a decline of 6% from the average daily volume of 220,219 shares. The stock had previously closed at C$3.25.

Wall Street Analysts Forecast Growth

Separately, Raymond James raised their price target on shares of Zedcor from C$3.25 to C$3.75 in a research note on Thursday, November 14th.

Zedcor Stock Performance

The company has a fifty day moving average of C$2.94 and a 200 day moving average of C$2.04. 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 stock has a market cap of C$333.24 million, a P/E ratio of 170.00 and a beta of 2.48.

Insider Buying and Selling at Zedcor

In related news, Senior Officer Kyle Jay Cammann Doenz acquired 44,000 shares of Zedcor stock in a transaction dated Wednesday, October 23rd. The stock was acquired at an average cost of C$2.63 per share, with a total value of C$115,720.00. In the last three months, insiders acquired 47,600 shares of company stock valued at $123,477. 30.15% of the stock is owned by insiders.

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.