Kidoz (CVE:KIDZ) Trading Up 17% – Here’s What Happened

Kidoz Inc. (CVE:KIDZ)’s share price shot up 17% during trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.28. 273,367 shares changed hands during mid-day trading, an increase of 1,051% from the average session volume of 23,746 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

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

Kidoz Trading Up 21.3 %

The business has a 50 day moving average of C$0.19 and a 200-day moving average of C$0.15. The stock has a market cap 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.