Zedcor (CVE:ZDC) Trading 0.3% Higher – What’s Next?

Zedcor Inc. (CVE:ZDC) shares rose 0.3% on Thursday . The stock traded as high as C$3.52 and last traded at C$3.51. Approximately 282,555 shares traded hands during trading, an increase of 31% from the average daily volume of 216,124 shares. The stock had previously closed at C$3.50.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Raymond James boosted their price objective on shares of Zedcor from C$3.25 to C$3.75 in a research report on Thursday, November 14th. Canaccord Genuity Group set a C$4.25 price target on Zedcor and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Canaccord Genuity Group upgraded Zedcor to a “strong-buy” rating in a research report on Thursday, December 12th.

Zedcor Stock Performance

The company has a debt-to-equity ratio of 84.82, a quick ratio of 0.87 and a current ratio of 1.51. The company’s 50-day moving average price is C$3.23 and its 200 day moving average price is C$2.27. The stock has a market capitalization of C$336.12 million, a PE ratio of 170.00 and a beta of 2.48.

Insider Buying and Selling at Zedcor

In other Zedcor news, Senior Officer Kyle Jay Cammann Doenz bought 44,000 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were purchased at an average price of C$2.63 per share, for a total transaction of C$115,720.00. Insiders own 30.15% of the company’s stock.

About Zedcor

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.