Brian Desmond Mcgill Sells 20,000 Shares of Zedcor (CVE:ZDC) Stock

Zedcor Inc. (CVE:ZDC) Director Brian Desmond Mcgill sold 20,000 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of C$5.20, for a total transaction of C$104,000.00. Following the completion of the transaction, the director directly owned 174,300 shares of the company’s stock, valued at C$906,360. The trade was a 10.29% decrease in their position.

Zedcor Price Performance

CVE:ZDC opened at C$5.13 on Thursday. Zedcor Inc. has a 12-month low of C$3.82 and a 12-month high of C$7.00. The firm has a market cap of C$569.06 million, a price-to-earnings ratio of 513.00 and a beta of 1.25. The company’s 50-day moving average is C$5.70 and its two-hundred day moving average is C$5.71. The company has a current ratio of 1.12, a quick ratio of 0.87 and a debt-to-equity ratio of 53.80.

Analysts Set New Price Targets

Separately, National Bank Financial set a C$7.50 target price on shares of Zedcor and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Zedcor has a consensus rating of “Buy” and an average price target of C$7.54.

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.