Shares of Snipp Interactive Inc. (CVE:SPN – Get Free Report) dropped 11.1% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 1,583,452 shares traded hands during mid-day trading, an increase of 912% from the average daily volume of 156,427 shares. The stock had previously closed at C$0.04.
Snipp Interactive Price Performance
The stock has a market capitalization of C$11.48 million, a PE ratio of -4.00 and a beta of 1.94. The company has a quick ratio of 2.18, a current ratio of 0.90 and a debt-to-equity ratio of 9.16. The stock’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.05.
About Snipp Interactive
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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