Zedcor (CVE:ZDC) Director Brian Desmond Mcgill Sells 20,000 Shares of Stock

Zedcor Inc. (CVE:ZDC) Director Brian Desmond Mcgill sold 20,000 shares of Zedcor stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of C$5.20, for a total transaction of C$104,000.00. Following the completion of the transaction, the director directly owned 174,300 shares in the company, valued at C$906,360. This trade represents a 10.29% decrease in their ownership of the stock.

Zedcor Stock Down 1.0%

CVE ZDC opened at C$5.06 on Wednesday. The business has a fifty day moving average price of C$5.72 and a two-hundred day moving average price 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. Zedcor Inc. has a fifty-two week low of C$3.82 and a fifty-two week high of C$7.00. The stock has a market capitalization of C$561.30 million, a PE ratio of 506.00 and a beta of 1.25.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial set a C$7.50 price objective on Zedcor and gave the company an “outperform” rating in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$7.54.

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. It serves customers in the construction, mining, oil and gas, pipeline and facilities, office, commercial, retail, industrial manufacturing, warehouse, and automotive sectors.