Snipp Interactive (CVE:SPN) Stock Price Up 25% – Should You Buy?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s stock price was up 25% on Friday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 1,335,799 shares changed hands during mid-day trading, an increase of 636% from the average daily volume of 181,445 shares. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The stock has a market cap of C$14.36 million, a price-to-earnings ratio of -5.00 and a beta of 0.29. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is 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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