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 the stock in a transaction on 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 transaction, the director owned 494,500 shares of the company’s stock, valued at C$2,571,400. This trade represents a 16.82% decrease in their position.

Zedcor Trading Down 0.6%

CVE ZDC traded down C$0.03 on Tuesday, hitting C$5.08. 169,653 shares of the company were exchanged, compared to its average volume of 303,022. 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 twelve month low of C$3.82 and a twelve month high of C$7.00. The firm has a market capitalization of C$563.51 million, a P/E ratio of 508.00 and a beta of 1.25. The company’s 50 day moving average price is C$5.74 and its 200-day moving average price is C$5.72.

Wall Street Analysts Forecast Growth

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