Snipp Interactive (CVE:SPN) Sets New 1-Year Low – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 4700 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The firm has a market capitalization of C$11.48 million, a price-to-earnings ratio of -4.00 and a beta of 2.02. The business has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.05. The company has a quick ratio of 2.18, a current ratio of 0.90 and a debt-to-equity ratio of 9.16.

About Snipp Interactive

(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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