Zedcor (CVE:ZDC) Stock Price Down 16.3% – Time to Sell?
by Scott Moore · The Cerbat GemZedcor Inc. (CVE:ZDC – Get Free Report) shares traded down 16.3% on Wednesday . The stock traded as low as C$4.39 and last traded at C$4.78. 4,273,584 shares changed hands during trading, an increase of 205% from the average session volume of 1,402,575 shares. The stock had previously closed at C$5.71.
Zedcor News Roundup
Here are the key news stories impacting Zedcor this week:
- Positive Sentiment: 50-day above 200-day moving average — The 50-day SMA (C$6.09) sits above the 200-day SMA (C$5.12), which is a medium‑term bullish technical signal that can support the stock if buyers re-enter.
- Neutral Sentiment: Unusually high intraday volume — Trading volume is well above average (4.27M vs. avg ~1.40M). High volume signals stronger conviction but is ambiguous until it’s clear whether the flow is predominantly selling or buying.
- Neutral Sentiment: Snapshot of fundamentals and range — Market cap ~C$505M, 52‑week range C$2.56–C$7.00; these metrics show the stock has significant upside/downside swing potential for active traders. (Source: MarketBeat Zedcor page)
- Negative Sentiment: High leverage and tight liquidity — Debt-to-equity roughly 78.9% with a quick ratio below 1 (0.87) increases sensitivity to revenue declines or higher financing costs, which investors may penalize.
- Negative Sentiment: Very high P/E (239) — The valuation implies lofty growth expectations; any earnings miss or slowdown could trigger outsized downside pressure.
- Negative Sentiment: Price decline today amid elevated volume — The combination of a lower price and heavy volume suggests selling pressure (profit-taking, repositioning, or reaction to unknown/untimely news). Without a clear positive catalyst, momentum may remain negative near-term.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Ventum Financial set a C$8.70 price objective on shares of Zedcor and gave the company a “buy” rating in a research report on Friday, December 12th. Canaccord Genuity Group raised their target price on Zedcor from C$5.25 to C$7.00 in a research report on Friday, October 17th. Desjardins set a C$7.50 price target on Zedcor and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, National Bankshares increased their price objective on shares of Zedcor from C$5.50 to C$7.50 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$7.54.
Get Our Latest Research Report on Zedcor
Zedcor Stock Down 16.3%
The firm has a market capitalization of C$504.59 million, a P/E ratio of 239.00 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 0.87 and a debt-to-equity ratio of 78.93. The company has a 50 day simple moving average of C$6.05 and a two-hundred day simple moving average of C$5.12.
Insiders Place Their Bets
In other Zedcor news, Director Dean Sylvan Swanberg sold 1,000,000 shares of Zedcor stock in a transaction on Monday, October 27th. The shares were sold at an average price of C$6.50, for a total transaction of C$6,500,000.00. Following the completion of the transaction, the director directly owned 15,400,000 shares of the company’s stock, valued at C$100,100,000. The trade was a 6.10% decrease in their ownership of the stock. Also, Director Dean Myles Shillington sold 2,000,000 shares of Zedcor stock in a transaction dated Monday, October 27th. The stock was sold at an average price of C$6.45, for a total transaction of C$12,900,000.00. Following the transaction, the director directly owned 744,905 shares of the company’s stock, valued at approximately C$4,804,637.25. This represents a 72.86% decrease in their ownership of the stock. Insiders sold a total of 4,501,800 shares of company stock valued at $28,785,530 over the last three months. Corporate insiders own 30.15% of the company’s stock.
Zedcor Company Profile
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.