Snipp Interactive (CVE:SPN) Reaches New 12-Month Low – Time to Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The stock has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90. The firm has a market cap of C$11.48 million, a PE 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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