Zedcor (CVE:ZDC) Shares Down 16.3% – Time to Sell?

Zedcor Inc. (CVE:ZDC)’s share price dropped 16.3% during mid-day trading on Wednesday . The company traded as low as C$4.39 and last traded at C$4.78. Approximately 4,273,584 shares changed hands during mid-day trading, an increase of 205% from the average daily volume of 1,402,575 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: 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

ZDC has been the topic of several research reports. Ventum Financial set a C$8.70 price target on shares of Zedcor and gave the company a “buy” rating in a report on Friday, December 12th. National Bankshares increased their price target on 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 boosted their price target on shares of Zedcor from C$5.25 to C$7.00 in a research note on Friday, October 17th. Finally, Desjardins set a C$7.50 price objective on Zedcor and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$7.54.

Zedcor Price Performance

The stock has a market capitalization of C$504.59 million, a PE ratio of 239.00 and a beta of 1.21. The business has a fifty day moving average price of C$6.05 and a 200-day moving average price of C$5.12. The company has a current ratio of 1.14, a quick ratio of 0.87 and a debt-to-equity ratio of 78.93.

Insiders Place Their Bets

In related news, Director Dean Myles Shillington sold 2,000,000 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of C$6.45, for a total transaction of C$12,900,000.00. Following the transaction, the director owned 744,905 shares of the company’s stock, valued at approximately C$4,804,637.25. This trade represents a 72.86% decrease in their position. Also, Director Dean Sylvan Swanberg sold 1,000,000 shares of Zedcor stock in a transaction on Monday, October 27th. The stock was 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 owned 15,400,000 shares in the company, valued at approximately C$100,100,000. The trade was a 6.10% decrease in their position. Insiders sold a total of 4,501,800 shares of company stock valued at $28,785,530 in the last ninety days. 30.15% of the stock is owned by corporate insiders.

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. It serves customers in the construction, mining, oil and gas, pipeline and facilities, office, commercial, retail, industrial manufacturing, warehouse, and automotive sectors.