Snipp Interactive (CVE:SPN) Trading Down 10% – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price traded down 10% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 249,000 shares were traded during trading, a decline of 11% from the average session volume of 278,586 shares. The stock had previously closed at C$0.05.

Snipp Interactive Stock Performance

The company’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The stock has a market capitalization of C$12.92 million, a PE ratio of -4.50 and a beta of 0.61. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90.

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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