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

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

Zedcor Trading Up 2.9 %

Shares of ZDC stock opened at C$1.08 on Wednesday. The firm has a 50 day moving average price of C$0.82 and a two-hundred day moving average price of C$0.68. The company has a quick ratio of 0.87, a current ratio of 0.77 and a debt-to-equity ratio of 227.93. The company has a market capitalization of C$83.55 million, a PE ratio of 13.50 and a beta of 2.29. Zedcor has a 12-month low of C$0.49 and a 12-month high of C$1.19.

Insiders Place Their Bets

In other news, Senior Officer Jan Marie Campbell sold 125,000 shares of Zedcor stock in a transaction that occurred on 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 news, Senior Officer Jan Marie Campbell sold 125,000 shares of Zedcor stock in a transaction that occurred on 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 150,000 shares of Zedcor stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of C$0.57, for a total transaction of C$85,500.00. Insiders sold 476,000 shares of company stock worth $335,020 over the last three months. 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.