Zedcor (CVE:ZDC) Stock Price Down 16.3% – Time to Sell?
by Scott Moore · The Cerbat GemZedcor Inc. (CVE:ZDC – Get Free Report)’s stock price fell 16.3% on Wednesday . The company traded as low as C$4.39 and last traded at C$4.78. 4,273,584 shares were traded 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.
More Zedcor News
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 Ratings Changes
ZDC has been the subject of a number of recent analyst reports. Desjardins set a C$7.50 price target on shares of Zedcor and gave the company a “buy” rating in a report on Thursday, October 23rd. Canaccord Genuity Group raised their price target on shares of Zedcor from C$5.25 to C$7.00 in a report on Friday, October 17th. National Bankshares upped their price objective on shares of Zedcor from C$5.50 to C$7.50 and gave the company an “outperform” rating in a research note on Thursday, October 9th. Finally, Ventum Financial set a C$8.70 target price on shares of Zedcor and gave the stock a “buy” rating in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$7.54.
View Our Latest Analysis on ZDC
Zedcor Price Performance
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 business’s 50 day moving average price is C$6.09 and its two-hundred day moving average price is C$5.12. The stock has a market cap of C$504.59 million, a P/E ratio of 239.00 and a beta of 1.21.
Insider Activity at Zedcor
In related news, Director Dean Myles Shillington sold 2,000,000 shares of Zedcor stock in a transaction that occurred on 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 sale, the director directly owned 744,905 shares in the company, valued at C$4,804,637.25. The trade was a 72.86% decrease in their ownership of the stock. Also, Director Dean Sylvan Swanberg sold 1,000,000 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of C$6.50, for a total value of C$6,500,000.00. Following the completion of the sale, the director directly owned 15,400,000 shares in the company, valued at approximately C$100,100,000. The trade was a 6.10% decrease in their ownership of the stock. Over the last ninety days, insiders have sold 4,501,800 shares of company stock worth $28,785,530. 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.