Zedcor (CVE:ZDC) PT Set at C$4.25 by Canaccord Genuity Group

Zedcor (CVE:ZDC) has been given a C$4.25 price objective by research analysts at Canaccord Genuity Group in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 22.13% from the company’s previous close.

Separately, Raymond James lifted their target price on Zedcor from C$3.25 to C$3.75 in a research note on Thursday, November 14th.

Zedcor Price Performance

Shares of CVE ZDC opened at C$3.48 on Thursday. Zedcor has a 12-month low of C$0.49 and a 12-month high of C$3.68. The stock’s fifty day simple moving average is C$2.98 and its two-hundred day simple moving average is C$2.06. The stock has a market capitalization of C$333.24 million, a PE ratio of 170.00 and a beta of 2.48. The company has a current ratio of 1.51, a quick ratio of 0.87 and a debt-to-equity ratio of 84.82.

Insider Transactions at Zedcor

In other Zedcor news, Senior Officer Kyle Jay Cammann Doenz sold 125,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$1.91, for a total transaction of C$238,987.50. 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.