(ZDC) Zedcor Energy - Ratings and Ratios

Zedcor Energy, traded as V:ZDC, is a Canadian company that specializes in delivering comprehensive mobile surveillance and live monitoring solutions across North America. By leveraging its proprietary MobileyeZ security towers, the company offers a suite of services including rental, maintenance, and remote video monitoring, alongside software and hardware upgrades. This positions Zedcor as a versatile player in the security technology sector, catering to a diverse clientele across various industries such as construction, energy, retail, and infrastructure development.

From a market perspective, Zedcors stock is listed as a common stock under the GICS Sub Industry of Electronic Equipment & Instruments, indicating its classification within the technology hardware sector. The companys operational footprint is rooted in Calgary, Canada, where it was founded in 2011, and has since expanded its reach into the United States.

Analyzing the stocks recent performance, the current price stands at $3.32, indicating a bullish trend as it remains above its SMA20 ($3.17), SMA50 ($3.07), and SMA200 ($2.85). The Average True Range (ATR) of 0.15, or 4.38%, suggests a moderate level of volatility. Given the stocks 52-week high of $3.85 and low of $1.15, the current price suggests a relatively stable position near the upper end of its recent trading range.

Fundamentally, Zedcor has a market capitalization of $344.65 million CAD, with a P/E ratio of 166.00 and a forward P/E of 84.03. The Return on Equity (RoE) stands at 6.29%, indicating a modest return for shareholders. The high P/E ratios may suggest that the market has high growth expectations for the company, potentially driven by its expanding service offerings and market presence.

Forecasting Zedcors stock performance involves integrating both technical and fundamental analyses. Given the upward trend indicated by the SMA indicators and the stocks position relative to its 52-week range, there is a technical basis for potential further growth. Fundamentally, the companys diversified service portfolio and expanding market reach could support long-term growth, potentially justifying the high P/E ratios if earnings grow as expected. Therefore, a forecast could involve a continued upward trajectory, potentially testing the 52-week high of $3.85 in the near term, with a longer-term outlook dependent on the companys ability to meet its growth expectations and improve its RoE.