Key Points
- Director Dean Sylvan Swanberg sold 1,000,000 shares on October 27 at C$6.50 each for C$6.5M; his stake fell 6.1% to 15,400,000 shares, valued at roughly C$100.1M.
- Zedcor stock opened at C$5.86 and was trading down ~2.3%, with a market cap of C$618.6M, a P/E of 293, and a 12‑month range of C$2.56–C$7.00.
- Analysts are broadly positive—MarketBeat shows a consensus "Buy" with an average price target of C$6.65 and several recent upgrades/target increases to C$7.00–C$7.50.
Zedcor Inc. (CVE:ZDC - Get Free Report) Director Dean Sylvan Swanberg sold 1,000,000 shares of the business's stock in a transaction dated Monday, October 27th. The shares were sold at an average price of C$6.50, for a total transaction of C$6,500,000.00. Following the completion of the transaction, the director owned 15,400,000 shares in the company, valued at approximately C$100,100,000. The trade was a 6.10% decrease in their ownership of the stock.
Zedcor Trading Down 2.3%
Shares of ZDC stock opened at C$5.86 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.14 and a debt-to-equity ratio of 78.93. The firm has a market cap of C$618.60 million, a P/E ratio of 293.00 and a beta of 1.26. The company has a 50 day moving average of C$5.82 and a 200-day moving average of C$4.57. Zedcor Inc. has a 12-month low of C$2.56 and a 12-month high of C$7.00.
Analyst Ratings Changes
Several analysts have issued reports on ZDC shares. Canaccord Genuity Group boosted their target price on Zedcor from C$5.25 to C$7.00 in a research note on Friday, October 17th. Desjardins set a C$7.50 price objective on Zedcor and gave the company a "buy" rating in a research note on Thursday, October 23rd. Stifel Nicolaus set a C$7.00 price objective on shares of Zedcor and gave the company a "buy" rating in a report on Wednesday, August 20th. Stifel Canada upgraded shares of Zedcor to a "strong-buy" rating in a research report on Tuesday, August 19th. Finally, National Bankshares lifted their target price on shares of Zedcor from C$5.50 to C$7.50 and gave the stock an "outperform" rating in a research note on Thursday, October 9th. Three research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, Zedcor has an average rating of "Buy" and a consensus price target of C$6.65.
View Our Latest Research Report on ZDC
Zedcor Company Profile
(
Get Free Report)
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.
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