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

Kidoz Inc. (CVE:KIDZ)’s share price rose 17% during mid-day trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.28. Approximately 273,367 shares were traded during mid-day 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 stock a “buy” rating in a report on Tuesday, November 26th.

Kidoz Stock Up 21.3 %

The stock has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.15. The firm has a market capitalization of C$26.31 million, a P/E ratio of -22.24 and a beta of -1.69.

Kidoz Company Profile

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.