Snipp Interactive (CVE:SPN) Hits New 12-Month Low – Here’s What Happened

Shares of Snipp Interactive Inc. (CVE:SPNGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 52000 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Trading Up 12.5%

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’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. The company has a market cap of C$12.92 million, a price-to-earnings ratio of -4.50 and a beta of 1.94.

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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