Kidoz (CVE:KIDZ) Shares Up 21.3% – Time to Buy?

Shares of Kidoz Inc. (CVE:KIDZ) rose 21.3% during mid-day trading on Saturday . The company traded as high as C$0.30 and last traded at C$0.29. Approximately 277,367 shares traded hands during mid-day 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 Analyst Weigh In

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

Kidoz Stock Performance

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.