Zedcor (CVE:ZDC) Shares Down 1.2% – Time to Sell?

Zedcor Inc. (CVE:ZDC)’s stock price fell 1.2% during trading on Thursday . The stock traded as low as C$3.30 and last traded at C$3.31. 177,254 shares changed hands during trading, a decline of 40% from the average session volume of 294,794 shares. The stock had previously closed at C$3.35.

Wall Street Analyst Weigh In

Several research firms recently commented on ZDC. Raymond James upped their price target on Zedcor from C$3.25 to C$3.75 in a report on Thursday, November 14th. Canaccord Genuity Group set a C$4.25 price target on shares of Zedcor and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Canaccord Genuity Group upgraded Zedcor to a “strong-buy” rating in a research note on Thursday, December 12th.

Zedcor Stock Up 4.2 %

The company has a quick ratio of 0.87, a current ratio of 1.51 and a debt-to-equity ratio of 84.82. The firm has a market capitalization of C$330.37 million, a price-to-earnings ratio of 170.00 and a beta of 2.48. The stock has a 50 day moving average of C$3.43 and a 200 day moving average of C$2.65.

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.