Snipp Interactive (CVE:SPN) Stock Price Up 25% – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price rose 25% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 529,000 shares were traded during mid-day trading, an increase of 257% from the average daily volume of 148,119 shares. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The firm has a 50-day moving average price of C$0.05 and a two-hundred day moving average price 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. The firm has a market cap of C$14.36 million, a PE ratio of -5.00 and a beta of 0.29.

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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