Snipp Interactive (CVE:SPN) Reaches New 1-Year Low – Should You Sell?

Shares of Snipp Interactive Inc. (CVE:SPNGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 451005 shares traded. The stock had previously closed at C$0.07.

Snipp Interactive Stock Down 7.7 %

The company has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.09. 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 company has a market cap of C$17.17 million, a P/E ratio of -6.00 and a beta of 1.42.

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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