Snipp Interactive (CVE:SPN) Trading 12.5% Higher – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares shot up 12.5% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 442,100 shares changed hands during trading, an increase of 204% from the average daily volume of 145,365 shares. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The firm has a market cap of C$12.92 million, a PE ratio of -4.50 and a beta of 1.99. 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’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

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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