Zedcor (CVE:ZDC) Shares Down 17.5% – Should You Sell?
by Scott Moore · The Cerbat GemZedcor Inc. (CVE:ZDC – Get Free Report)’s stock price traded down 17.5% during mid-day trading on Wednesday . The company traded as low as C$4.39 and last traded at C$4.71. 3,371,482 shares were traded during mid-day trading, an increase of 188% from the average session volume of 1,172,186 shares. The stock had previously closed at C$5.71.
Trending Headlines about Zedcor
Here are the key news stories impacting Zedcor this week:
- Positive Sentiment: I can quickly convert your provided articles into an investor-focused summary that names Zedcor Inc. (ZDC), explains why the stock is moving, and assigns clear sentiment to each item. Paste the articles or links and I’ll start.
- Neutral Sentiment: Preferred inputs: full article text or direct URLs for up to ~6 articles from the last 24–36 hours. If you only provide headlines, I can summarize but the result may miss key details.
- Neutral Sentiment: Formatting note: I will return results using <p>, <ul> and <li> tags, label items with “positive”/”neutral”/”negative” CSS classes, and include accessible sentiment text at each item start.
- Negative Sentiment: If no articles are provided, I can’t determine the news drivers for ZDC’s price movement and will only be able to summarize stock metrics you already shared (market cap, P/E, volumes, moving averages), which may not explain intraday moves.
Analysts Set New Price Targets
Several research analysts have weighed in on ZDC shares. National Bankshares raised their price objective on shares of Zedcor from C$5.50 to C$7.50 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Canaccord Genuity Group increased their price target on shares of 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 stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Ventum Financial set a C$8.70 price objective on Zedcor and gave the company a “buy” rating in a report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$7.54.
Check Out Our Latest Stock Analysis on Zedcor
Zedcor Trading Up 1.9%
The company has a quick ratio of 0.87, a current ratio of 1.14 and a debt-to-equity ratio of 78.93. The firm’s 50 day simple moving average is C$5.99 and its two-hundred day simple moving average is C$5.14. The stock has a market cap of C$576.37 million, a P/E ratio of 273.00 and a beta of 1.21.
Insider Activity
In other Zedcor news, Director Dean Sylvan Swanberg sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of C$6.50, for a total value of C$6,500,000.00. Following the transaction, the director owned 15,400,000 shares of the company’s stock, valued at C$100,100,000. This trade represents 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 that occurred on Monday, October 27th. The shares were sold at an average price of C$6.45, for a total value of C$12,900,000.00. Following the completion of the transaction, the director owned 744,905 shares of the company’s stock, valued at approximately C$4,804,637.25. The trade was 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 ninety days. Company 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.