Snipp Interactive (CVE:SPN) Reaches New 1-Year Low – Should You Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 53000 shares changing hands. The stock had previously closed at C$0.05.

Snipp Interactive Price Performance

The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18. The business’s fifty 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 price-to-earnings ratio of -4.50 and a beta of 0.61.

About Snipp Interactive

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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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