Kidoz (CVE:KIDZ) Stock Price Up 20% – Should You Buy?

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

Wall Street Analysts Forecast Growth

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

Kidoz Stock Up 20.0 %

The company has a market capitalization of C$31.51 million, a PE ratio of -8.00 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 debt-to-equity ratio of 0.11, a current ratio of 2.39 and a quick ratio of 2.53.

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.