Snipp Interactive (CVE:SPN) Sets New 1-Year Low – Time to Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s stock price hit a new 52-week low during 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 50 day moving average of C$0.04 and a 200 day moving average of C$0.05. The stock has a market capitalization of C$11.48 million, a price-to-earnings 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.

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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