Snipp Interactive (CVE:SPN) Sets New 1-Year Low – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 52000 shares changing hands. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The firm has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.05. The company has a quick ratio of 2.18, a current ratio of 0.90 and a debt-to-equity ratio of 9.16. The stock has a market capitalization of C$11.48 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Snipp Interactive Company Profile

(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.

Further Reading

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