Zedcor (CVE:ZDC) Shares Down 13.8% – Time to Sell?

Shares of Zedcor Inc. (CVE:ZDC) dropped 13.8% during mid-day trading on Wednesday . The stock traded as low as C$4.53 and last traded at C$4.92. Approximately 1,611,388 shares changed hands during mid-day trading, an increase of 263% from the average daily volume of 443,861 shares. The stock had previously closed at C$5.71.

Zedcor News Summary

Here are the key news stories impacting Zedcor this week:

• Positive Sentiment: Unusually high trading volume and a clear intraday uptick suggest renewed investor interest and buying momentum. Zedcor Trading Up 12.1%
• Neutral Sentiment: Price sits above the 200-day simple moving average (C$5.12) but below the 50-day SMA (C$6.05), indicating mixed shorter- vs. longer-term technical signals.
• Neutral Sentiment: One‑year trading range (C$2.56–C$7.00) shows the stock has significant prior volatility and room to move in either direction.
• Neutral Sentiment: Market capitalization (~C$566M) and a beta of 1.21 imply the stock is mid‑cap and modestly more volatile than the market.
• Negative Sentiment: Very high price‑to‑earnings ratio (268) suggests the shares are trading at a steep valuation relative to reported earnings, which could amplify downside if growth disappoints.
• Negative Sentiment: Leverage and liquidity are concerns: debt‑to‑equity near 79, quick ratio ~0.87 and current ratio ~1.14, pointing to tighter short‑term liquidity and higher financial risk.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ZDC shares. National Bankshares raised their target price on Zedcor from C$5.50 to C$7.50 and gave the company an “outperform” rating in a report on Thursday, October 9th. Canaccord Genuity Group increased their price objective on Zedcor from C$5.25 to C$7.00 in a report on Friday, October 17th. Ventum Financial set a C$8.70 price objective on Zedcor and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Desjardins set a C$7.50 target price on Zedcor and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, Zedcor has a consensus rating of “Buy” and an average target price of C$7.54.

Zedcor Stock Performance

The firm has a market capitalization of C$565.82 million, a price-to-earnings ratio of 268.00 and a beta of 1.21. The firm’s 50-day moving average price is C$6.02 and its two-hundred day moving average price is C$5.12. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14.

Insider Activity at Zedcor

In other Zedcor news, Director Dean Myles Shillington sold 2,000,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of C$6.45, for a total value of C$12,900,000.00. Following the completion of the sale, the director owned 744,905 shares in the company, 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 the company’s stock in a transaction that occurred 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 transaction, the director owned 15,400,000 shares in the company, valued at C$100,100,000. The trade was a 6.10% decrease in their ownership of the stock. In the last ninety days, insiders have sold 4,501,800 shares of company stock valued at $28,785,530. 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.