Key Points
- Zedcor director Wade Robert Arthur Felesky sold 100,000 shares on July 13 at an average price of C$5.20, totaling about C$520,000. After the sale, he still held 494,500 shares, reducing his position by 16.82%.
- Zedcor stock was down 1.0% and opened at C$5.06, near its 50-day and 200-day moving averages of about C$5.71 to C$5.72. The company’s shares have traded between C$3.82 and C$7.00 over the past 52 weeks.
- Analysts remain bullish on the stock, with National Bank Financial assigning a C$7.50 price target and an outperform rating. MarketBeat data shows a consensus rating of Buy with a target price of C$7.54.
Zedcor Inc. (CVE:ZDC - Get Free Report) Director Brian Desmond Mcgill sold 20,000 shares of the 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 sale, the director directly owned 174,300 shares of the company's stock, valued at approximately C$906,360. The trade was a 10.29% decrease in their position.
Zedcor Price Performance
Shares of ZDC opened at C$5.06 on Wednesday. The business has a 50-day moving average of C$5.72 and a 200-day moving average of C$5.71. The company has a debt-to-equity ratio of 53.80, a current ratio of 1.12 and a quick ratio of 0.87. The company has a market capitalization of C$561.30 million, a price-to-earnings ratio of 506.00 and a beta of 1.25. Zedcor Inc. has a 1 year low of C$3.82 and a 1 year high of C$7.00.
Wall Street Analyst Weigh In
Separately, National Bank Financial set a C$7.50 price objective on shares of Zedcor and gave the company 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 assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$7.54.
View Our Latest Stock Analysis on Zedcor
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. It serves customers in the construction, mining, oil and gas, pipeline and facilities, office, commercial, retail, industrial manufacturing, warehouse, and automotive sectors.
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