Snipp Interactive (CVE:SPN) Hits New 12-Month Low – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 280010 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

The company’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16. The firm has a market cap of C$11.48 million, a P/E ratio of -4.00 and a beta of 1.94.

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.

Further Reading

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