Snipp Interactive (CVE:SPN) Hits New 52-Week Low – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 634200 shares traded. The stock had previously closed at C$0.06.

Snipp Interactive Stock Performance

The firm’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The company has a market capitalization of C$14.36 million, a price-to-earnings ratio of -5.00 and a beta of 0.61. The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18.

About Snipp Interactive

(Get Free Report)

Snipp Interactive Inc provides mobile marketing, rebates, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a receipt processing system that allows brands to execute customized purchase-based promotions and loyalty programs; SnippWin, a promotion and sweepstakes platform provides various promotions from contests and simple sweepstakes to instant win programs and tiered, multi-level games; and SnippLoyalty, an end-to-end real time multichannel SaaS cloud-based customer loyalty program software.

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