Zedcor (CVE:ZDC) Stock Price Down 4.2% - Time to Sell?

Key Points

• Down 4.2%: Zedcor (CVE:ZDC) fell to C$6.20 on Monday (intraday low C$6.11) with ~99,423 shares traded, a ~69% decline versus its average daily volume.
• Valuation and balance-sheet: The company has a market cap of C$687.75M, an elevated P/E of 310, high leverage (debt-to-equity 92.83) and weak liquidity (current and quick ratios of 0.87).
• Business profile: Zedcor provides technology-based security and surveillance services—including rental/service of MobileyeZ towers, remote monitoring and security personnel—serving construction, mining, oil & gas, commercial and industrial clients.

Zedcor Inc. (CVE:ZDC - ) was down 4.2% during trading on Monday . The company traded as low as C$6.11 and last traded at C$6.20. Approximately 99,423 shares were traded during trading, a decline of 69% from the average daily volume of 323,152 shares. The stock had previously closed at C$6.47.

Zedcor Stock Performance

The firm's fifty day moving average price is C$5.52 and its 200 day moving average price is C$5.86. The firm has a market cap of C$687.75 million, a P/E ratio of 310.00 and a beta of 1.18. The company has a debt-to-equity ratio of 92.83, a quick ratio of 0.87 and a current ratio of 0.87.

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. It serves customers in the construction, mining, oil and gas, pipeline and facilities, office, commercial, retail, industrial manufacturing, warehouse, and automotive sectors.

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