Shares of Snipp Interactive Inc. (CVE:SPN – Get Free Report) shot up 25% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.05. 1,353,799 shares were traded during mid-day trading, an increase of 630% from the average session volume of 185,408 shares. The stock had previously closed at C$0.04.
Snipp Interactive Price Performance
The stock’s 50-day simple moving average is C$0.05 and its two-hundred day simple 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. The company has a market capitalization of C$14.36 million, a price-to-earnings ratio of -5.00 and a beta of 0.29.
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.
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