Snipp Interactive (CVE:SPN) Sets New 12-Month Low – Here’s Why

by · The Cerbat Gem

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 460965 shares changing hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

The business has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16. The company has a market cap of C$11.48 million, a price-to-earnings ratio of -4.00 and a beta of 1.99.

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.

Read More