Zedcor (CVE:ZDC) Shares Down 2.6% – Should You Sell?

Zedcor Inc. (CVE:ZDC) fell 2.6% during mid-day trading on Friday . The company traded as low as C$3.03 and last traded at C$3.05. 266,176 shares traded hands during trading, an increase of 3% from the average session volume of 257,806 shares. The stock had previously closed at C$3.13.

Wall Street Analyst Weigh In

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

Zedcor Price Performance

The firm’s 50 day moving average price is C$3.39 and its two-hundred day moving average price is C$2.84. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. The stock has a market cap of C$295.69 million, a PE ratio of 757.91 and a beta of 2.48.

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.