Snipp Interactive (CVE:SPN) Sets New 12-Month Low – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 451005 shares trading hands. The stock had previously closed at C$0.07.

Snipp Interactive Price Performance

The firm has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.09. The stock has a market capitalization of C$17.17 million, a P/E ratio of -6.50 and a beta of 1.42. The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18.

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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