Raymond James Issues Positive Forecast for Zedcor (CVE:ZDC) Stock Price

Zedcor (CVE:ZDC) had its price objective upped by Raymond James from C$3.25 to C$3.75 in a research report released on Thursday,BayStreet.CA reports.

Zedcor Trading Up 0.3 %

ZDC opened at C$3.20 on Thursday. The firm’s fifty day moving average is C$2.45 and its two-hundred day moving average is C$1.77. The firm has a market cap of C$306.43 million, a PE ratio of 170.00 and a beta of 2.48. Zedcor has a twelve month low of C$0.49 and a twelve month high of C$3.37. The company has a debt-to-equity ratio of 84.82, a quick ratio of 0.87 and a current ratio of 1.51.

Insider Buying and Selling

In related news, Senior Officer Kyle Jay Cammann Doenz sold 125,000 shares of Zedcor stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$1.91, for a total value of C$238,987.50. Also, Senior Officer Jan Marie Campbell sold 33,333 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$1.75, for a total value of C$58,332.75. In the last quarter, insiders have acquired 47,600 shares of company stock valued at $123,477. 30.15% of the stock is owned by company insiders.

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.