Snipp Interactive (CVE:SPN) Stock Price Up 25% – Should You Buy?

Snipp Interactive Inc. (CVE:SPN)’s share price rose 25% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 1,225,799 shares changed hands during trading, an increase of 579% from the average daily volume of 180,445 shares. The stock had previously closed at C$0.04.

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 stock has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The company has a market capitalization of C$14.36 million, a price-to-earnings ratio of -5.00 and a beta of 0.29.

Snipp Interactive Company Profile

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.