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

Zedcor Inc. (CVE:ZDC) shares fell 16.3% during mid-day trading on Wednesday . The stock traded as low as C$4.39 and last traded at C$4.78. 4,273,584 shares traded hands during mid-day trading, an increase of 205% from the average session volume of 1,402,575 shares. The stock had previously closed at C$5.71.

Key Headlines Impacting 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 subject of a number of recent analyst reports. National Bankshares lifted their price target on shares of Zedcor from C$5.50 to C$7.50 and gave the company an “outperform” rating in a research report on Thursday, October 9th. Desjardins set a C$7.50 target price on shares of Zedcor and gave the company a “buy” rating in a report on Thursday, October 23rd. Canaccord Genuity Group boosted their target price on Zedcor from C$5.25 to C$7.00 in a research report on Friday, October 17th. Finally, Ventum Financial set a C$8.70 price target on Zedcor and gave the stock a “buy” rating in a research report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$7.54.

Zedcor Stock Performance

The firm has a market capitalization of C$504.59 million, a price-to-earnings ratio of 239.00 and a beta of 1.21. The firm has a 50 day moving average price of C$6.09 and a 200-day moving average price of C$5.12. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87.

Insider Transactions at Zedcor

In related news, Director Dean Myles Shillington sold 2,000,000 shares of the company’s 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 transaction of C$12,900,000.00. Following the sale, the director directly owned 744,905 shares in the company, valued at approximately C$4,804,637.25. This represents a 72.86% decrease in their ownership of the stock. Also, Director Dean Sylvan Swanberg sold 1,000,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 15,400,000 shares in the company, valued at approximately C$100,100,000. This trade represents a 6.10% decrease in their position. Insiders sold a total of 4,501,800 shares of company stock worth $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.