Canaccord Genuity Group Analysts Give Zedcor (CVE:ZDC) a C$4.25 Price Target

Canaccord Genuity Group set a C$4.25 target price on Zedcor (CVE:ZDC) in a report issued on Thursday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Raymond James boosted their price objective on shares of Zedcor from C$3.25 to C$3.75 in a research note on Thursday, November 14th.

Zedcor Price Performance

Shares of CVE:ZDC opened at C$3.48 on Thursday. The firm’s 50-day moving average is C$2.98 and its two-hundred day moving average is C$2.07. The company has a debt-to-equity ratio of 84.82, a current ratio of 1.51 and a quick ratio of 0.87. Zedcor has a 1 year low of C$0.49 and a 1 year high of C$3.68. The firm has a market capitalization of C$333.24 million, a PE ratio of 170.00 and a beta of 2.48.

Insider Buying and Selling at Zedcor

In other news, Senior Officer Kyle Jay Cammann Doenz acquired 44,000 shares of Zedcor stock in a transaction dated Wednesday, October 23rd. The stock was bought at an average price of C$2.63 per share, for a total transaction of C$115,720.00. Company 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.