Zedcor Energy (CVE:ZDC) Stock Price Down 16.7%

Zedcor Energy Inc (CVE:ZDC)’s share price traded down 16.7% during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, 432,884 shares changed hands during mid-day trading. An increase of 1,174% from the average session volume of 33,976 shares. The stock had previously closed at C$0.09.

The business’s 50 day moving average is C$0.12 and its 200-day moving average is C$0.11. The company has a debt-to-equity ratio of 256.05, a current ratio of 0.18 and a quick ratio of 0.17. The company has a market cap of $4.82 million and a PE ratio of -0.20.

Zedcor Energy (CVE:ZDC) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$3.75 million for the quarter. As a group, sell-side analysts predict that Zedcor Energy Inc will post -0.1 EPS for the current fiscal year.

Zedcor Energy Company Profile (CVE:ZDC)

Zedcor Energy Inc provides oilfield rental equipment and accommodations to the drilling segment of the oilfield industry in Canada. It is also involved in the rental of generators, and light towers, as well as surface equipment, such as storage and shale tanks, floc tanks, power swivels, mud cans, pipe racks, pumps, and access and rig matting.

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