Zedcor (CVE:ZDC) Given a C$1.70 Price Target by Cormark Analysts

Cormark set a C$1.70 price target on Zedcor (CVE:ZDC) in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Zedcor Trading Up 2.9 %

ZDC opened at C$1.08 on Wednesday. Zedcor has a fifty-two week low of C$0.49 and a fifty-two week high of C$1.19. The company has a debt-to-equity ratio of 227.93, a current ratio of 0.77 and a quick ratio of 0.87. The company’s 50-day moving average is C$0.82 and its 200 day moving average is C$0.68. The firm has a market capitalization of C$83.55 million, a PE ratio of 13.50 and a beta of 2.29.

Insiders Place Their Bets

In other Zedcor news, Senior Officer Jan Marie Campbell sold 125,000 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$1.06, for a total value of C$132,500.00. In other Zedcor news, Senior Officer Jan Marie Campbell sold 125,000 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$1.06, for a total value of C$132,500.00. Also, Senior Officer James Joseph Leganchuk sold 200,000 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of C$0.58, for a total transaction of C$116,000.00. In the last ninety days, insiders sold 476,000 shares of company stock valued at $335,020. Corporate insiders own 37.80% of the company’s stock.

About Zedcor

Zedcor Inc provides technology-based security and surveillance services in Canada. The company 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. It also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.