Snipp Interactive (CVE:SPN) Shares Down 11.1% – Time to Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price fell 11.1% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 1,583,452 shares changed hands during mid-day trading, an increase of 912% from the average session volume of 156,427 shares. The stock had previously closed at C$0.04.

Snipp Interactive Trading Down 11.1%

The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. The stock has a market cap of C$11.48 million, a P/E ratio of -4.00 and a beta of 1.94. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16.

About Snipp Interactive

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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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