Kidoz (CVE:KIDZ) Shares Up 3.6% – Here’s Why

Kidoz Inc. (CVE:KIDZ) shares rose 3.6% during mid-day trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 23,550 shares traded hands during trading, an increase of 179% from the average daily volume of 8,433 shares. The stock had previously closed at C$0.14.

Wall Street Analyst Weigh In

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

Kidoz Stock Performance

The firm has a market cap of C$19.04 million, a P/E ratio of -4.83 and a beta of -1.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.53 and a current ratio of 2.39. The stock’s 50-day moving average is C$0.14 and its 200 day moving average is C$0.14.

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.