Snipp Interactive (CVE:SPN) Share Price Passes Above 50 Day Moving Average – What’s Next?
by Tristan Rich · The Markets DailySnipp Interactive Inc. (CVE:SPN – Get Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.06. Snipp Interactive shares last traded at C$0.06, with a volume of 284,980 shares changing hands.
Snipp Interactive Price Performance
The company has a market cap of C$15.79 million, a PE ratio of -5.50 and a beta of 1.28. The firm’s 50-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
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.