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

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

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

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.

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