Kidoz (CVE:KIDZ) Shares Up 20% – Here’s Why

Kidoz Inc. (CVE:KIDZ)’s share price was up 20% during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 40,500 shares traded hands during trading, an increase of 74% from the average daily volume of 23,266 shares. The stock had previously closed at C$0.20.

Analyst Upgrades and Downgrades

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

Kidoz Price Performance

The firm has a market capitalization of C$30.86 million, a P/E ratio of -7.83 and a beta of -1.69. The business’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.14. The company has a quick ratio of 2.53, a current ratio of 2.39 and a debt-to-equity ratio of 0.11.

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.