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

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 604000 shares changing hands. 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 firm’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.05. The stock has a market cap of C$11.48 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

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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