Snipp Interactive (CVE:SPN) Sets New 12-Month Low – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 281000 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90. The firm has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The firm has a market cap of C$11.48 million, a PE ratio of -4.00 and a beta of 1.91.

About Snipp Interactive

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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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