Snipp Interactive (CVE:SPN) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.09 and traded as low as C$0.08. Snipp Interactive shares last traded at C$0.08, with a volume of 53,000 shares traded.

Snipp Interactive Trading Down 5.9 %

The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16. The stock has a market capitalization of C$22.89 million, a P/E ratio of -8.00 and a beta of 1.42. The company has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.08.

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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