Kidoz (CVE:KIDZ) Trading 20% Higher – Here’s What Happened

Shares of Kidoz Inc. (CVE:KIDZ) shot up 20% during mid-day trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. 40,500 shares were traded 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.

Analysts Set New Price Targets

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

Kidoz Price Performance

The firm has a market capitalization of C$31.51 million, a price-to-earnings ratio of -8.00 and a beta of -1.69. The stock’s fifty day moving average price is C$0.15 and its two-hundred day moving average price is C$0.14. The company has a current ratio of 2.39, a quick ratio of 2.53 and a debt-to-equity ratio of 0.11.

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.