Snipp Interactive (CVE:SPN) Stock Price Down 20% – Should You Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares traded down 20% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.06. 1,608,724 shares were traded during mid-day trading, an increase of 662% from the average session volume of 211,205 shares. The stock had previously closed at C$0.08.

Snipp Interactive Price Performance

The stock has a market cap of C$17.17 million, a PE ratio of -6.00 and a beta of 1.42. The business has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. 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

(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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