Zedcor (CVE:ZDC) Price Target Raised to C$3.75

Zedcor (CVE:ZDC) had its price target raised by Raymond James from C$3.25 to C$3.75 in a research report sent to investors on Thursday,BayStreet.CA reports.

Zedcor Stock Performance

Shares of ZDC stock opened at C$3.20 on Thursday. The company has a current ratio of 1.51, a quick ratio of 0.87 and a debt-to-equity ratio of 84.82. The firm has a fifty day simple moving average of C$2.45 and a two-hundred day simple moving average of C$1.77. Zedcor has a 12 month low of C$0.49 and a 12 month high of C$3.37. The firm has a market capitalization of C$306.43 million, a PE ratio of 170.00 and a beta of 2.48.

Insider Buying and Selling

In related news, Senior Officer Kyle Jay Cammann Doenz purchased 44,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was acquired at an average price of C$2.63 per share, for a total transaction of C$115,720.00. Also, Senior Officer Jan Marie Campbell sold 33,333 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of C$1.75, for a total value of C$58,332.75. Insiders have acquired 47,600 shares of company stock worth $123,477 in the last quarter. Insiders own 30.15% of the company’s stock.

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.