Snipp Interactive (CVE:SPN) Sets New 52-Week Low – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.04, with a volume of 643000 shares changing hands. The stock had previously closed at C$0.05.

Snipp Interactive Stock Down 11.1%

The stock has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.05. The firm has a market capitalization of C$11.48 million, a P/E ratio of -4.00 and a beta of 1.99. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90.

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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