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

Shares of Snipp Interactive Inc. (CVE:SPN – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 95,000 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

The stock has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$10.05 million, a price-to-earnings ratio of -4.00 and a beta of 2.13. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16.

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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