Zedcor (CVE:ZDC) Trading Down 1.6% - What's Next?

Key Points

• Zedcor shares fell 1.6% on Monday to C$5.57 (intraday low C$5.50) with about 69,333 shares traded, roughly 79% below its average daily volume.
• The company shows high leverage and thin liquidity with a debt-to-equity ratio of 92.83 and current/quick ratios of 0.87, a market cap of C$617.8M and a stretched P/E of 278.5; the stock sits slightly below its 200-day moving average (C$5.82).
• Zedcor provides technology-based security and surveillance services—including rental, service and remote monitoring of its proprietary MobileyeZ towers—for construction, mining, oil & gas, commercial and industrial customers.

Zedcor Inc. (CVE:ZDC - ) dropped 1.6% during trading on Monday . The company traded as low as C$5.50 and last traded at C$5.57. Approximately 69,333 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 337,237 shares. The stock had previously closed at C$5.66.

Zedcor Trading Down 1.6%

The company has a debt-to-equity ratio of 92.83, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of C$617.82 million, a price-to-earnings ratio of 278.50 and a beta of 1.18. The business's 50 day simple moving average is C$5.54 and its 200 day simple moving average is C$5.82.

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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