Kidoz (CVE:KIDZ) Shares Up 21.3% – Should You Buy?

Shares of Kidoz Inc. (CVE:KIDZ) rose 21.3% on Saturday . The company traded as high as C$0.30 and last traded at C$0.29. Approximately 277,367 shares were traded during trading, an increase of 1,043% from the average daily volume of 24,258 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

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

Kidoz Price Performance

The firm has a market cap of C$26.31 million, a PE ratio of -22.24 and a beta of -1.69. The business has a fifty day moving average price of C$0.19 and a two-hundred day moving average price of C$0.15.

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.