Wade Robert Arthur Felesky Sells 100,000 Shares of Zedcor (CVE:ZDC) Stock

Zedcor Inc. (CVE:ZDC) Director Wade Robert Arthur Felesky sold 100,000 shares of Zedcor stock in a transaction dated Monday, July 13th. The shares were sold at an average price of C$5.20, for a total value of C$520,000.00. Following the completion of the sale, the director owned 494,500 shares of the company’s stock, valued at C$2,571,400. The trade was a 16.82% decrease in their ownership of the stock.

Zedcor Stock Up 1.4%

CVE:ZDC opened at C$5.13 on Thursday. The company has a debt-to-equity ratio of 53.80, a current ratio of 1.12 and a quick ratio of 0.87. Zedcor Inc. has a 1-year low of C$3.82 and a 1-year high of C$7.00. The company has a 50-day moving average of C$5.70 and a 200 day moving average of C$5.71. The firm has a market cap of C$569.06 million, a PE ratio of 513.00 and a beta of 1.25.

Wall Street Analysts Forecast Growth

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

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.