Kidoz (CVE:KIDZ) Trading Up 17% – Time to Buy?

Shares of Kidoz Inc. (CVE:KIDZ) were up 17% during mid-day trading on Friday . The company traded as high as C$0.30 and last traded at C$0.28. Approximately 273,367 shares traded hands during trading, an increase of 1,033% from the average daily volume of 24,124 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.58 target price on shares of Kidoz and gave the company a “buy” rating in a report on Tuesday, November 26th.

Kidoz Stock Performance

The business’s 50-day moving average price is C$0.19 and its 200 day moving average price is C$0.15. The stock has a market capitalization of C$26.31 million, a PE ratio of -22.24 and a beta of -1.69.

About Kidoz

Kidoz Inc develops and sells AdTech software products in Western Europe; Central, Eastern, and Southern Europe; North America; and internationally. The company also owns and develops mobile Kidoz safe ad network, the Kidoz kid-mode operating system, the Kidoz publisher SDK, the Rooplay edugames platform, and the Rooplay originals.