Kidoz (CVE:KIDZ) Shares Up 13.5% – What’s Next?

Kidoz Inc. (CVE:KIDZ) shares rose 13.5% during mid-day trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 3,600 shares changed hands during trading, a decline of 79% from the average daily volume of 17,262 shares. The stock had previously closed at C$0.19.

Wall Street Analysts Forecast Growth

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

Kidoz Price Performance

The stock has a market capitalization of C$19.85 million, a P/E ratio of -16.77 and a beta of -1.69. The firm has a 50 day moving average of C$0.18 and a 200-day moving average of C$0.15.

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.