Kidoz (CVE:KIDZ) Stock Price Up 17% – Still a Buy?

Shares of Kidoz Inc. (CVE:KIDZ) shot up 17% during mid-day trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.28. 229,510 shares changed hands during trading, an increase of 929% from the average session volume of 22,312 shares. The stock had previously closed at C$0.24.

Analysts Set New Price Targets

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

Kidoz Price Performance

The business has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.15. The stock has a market capitalization of C$26.31 million, a PE ratio of -22.24 and a beta of -1.69.

Kidoz Company Profile

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.