Insider Selling: Zedcor (CVE:ZDC) Director Sells C$104,000.00 in Stock

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

Zedcor Price Performance

Shares of ZDC opened at C$5.13 on Friday. The company has a market capitalization of C$569.06 million, a PE ratio of 513.00 and a beta of 1.25. Zedcor Inc. has a 12 month low of C$3.82 and a 12 month high of C$7.00. The stock’s 50-day moving average price is C$5.68 and its two-hundred day moving average price is C$5.71. The company has a current ratio of 1.12, a quick ratio of 0.87 and a debt-to-equity ratio of 53.80.

Analysts Set New Price Targets

Separately, National Bank Financial set a C$7.50 price objective on Zedcor and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target 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.