Snipp Interactive (CVE:SPN) Hits New 1-Year Low – Here’s What Happened

Snipp Interactive Inc. (CVE:SPN)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 2888 shares changing hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

The firm 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 market capitalization of C$12.92 million, a price-to-earnings ratio of -4.50 and a beta of 1.91. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16.

Snipp Interactive Company Profile

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.