Kidoz (CVE:KIDZ) Shares Up 21.3% – Here’s Why

Shares of Kidoz Inc. (CVE:KIDZ) rose 21.3% during trading 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 Analyst Weigh In

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

Kidoz Price Performance

The stock’s 50 day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.15. The firm has a market cap 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.