Zedcor (CVE:ZDC) Upgraded by Raymond James to Moderate Buy Rating

Raymond James upgraded shares of Zedcor (CVE:ZDC) to a moderate buy rating in a report issued on Monday, Zacks.com reports. Raymond James also issued estimates for Zedcor’s Q3 2024 earnings at $0.00 EPS, Q4 2024 earnings at $0.00 EPS, FY2024 earnings at $0.02 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at $0.04 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.02 EPS and FY2026 earnings at $0.07 EPS.

Zedcor Stock Performance

Shares of Zedcor stock opened at C$2.79 on Monday. The company has a market capitalization of C$267.17 million, a PE ratio of 170.00 and a beta of 2.48. Zedcor has a 12 month low of C$0.49 and a 12 month high of C$2.89. The company has a current ratio of 1.51, a quick ratio of 0.87 and a debt-to-equity ratio of 84.82. The stock’s fifty day simple moving average is C$2.16 and its 200 day simple moving average is C$1.61.

Zedcor (CVE:ZDC) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$7.37 million for the quarter, compared to the consensus estimate of C$6.40 million. Zedcor had a return on equity of 1.76% and a net margin of 1.43%. On average, research analysts predict that Zedcor will post 0.0300123 EPS for the current year.

Insider Buying and Selling

In related news, Senior Officer Jan Marie Campbell sold 33,333 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of C$1.75, for a total transaction of C$58,332.75. In other Zedcor news, Senior Officer Jan Marie Campbell sold 33,333 shares of Zedcor stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$1.75, for a total value of C$58,332.75. Also, Senior Officer Kyle Jay Cammann Doenz sold 125,000 shares of Zedcor stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$1.91, for a total value of C$238,987.50. 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.

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.