Snipp Interactive (CVE:SPN) Reaches New 52-Week Low – Time to Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 634200 shares trading hands. The stock had previously closed at C$0.06.

Snipp Interactive Price Performance

The stock has a market capitalization of C$14.36 million, a P/E ratio of -5.00 and a beta of 0.61. The company has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.06. 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

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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.

Further Reading

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