Kidoz (CVE:KIDZ) Shares Up 25.5% – Time to Buy?

Shares of Kidoz Inc. (CVE:KIDZ) rose 25.5% during mid-day trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 220,010 shares traded hands during mid-day trading, an increase of 886% from the average daily volume of 22,312 shares. The stock had previously closed at C$0.24.

Analyst Upgrades and Downgrades

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

Kidoz Stock Performance

The stock has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.15. The company has a market capitalization of C$26.31 million, a P/E 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.