Snipp Interactive (CVE:SPN) Trading 25% Higher – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s stock price rose 25% during trading on Friday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 1,353,799 shares were traded during trading, an increase of 630% from the average daily volume of 185,408 shares. The stock had previously closed at C$0.04.

Snipp Interactive Stock Up 25.0%

The company has a market cap of C$14.36 million, a price-to-earnings ratio of -5.00 and a beta of 0.29. The business has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16.

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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