Snipp Interactive (CVE:SPN) Hits New 52-Week Low – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 39000 shares changing hands. The stock had previously closed at C$0.06.

Snipp Interactive Price Performance

The stock has a market capitalization of C$18.60 million, a PE ratio of -6.50 and a beta of 1.42. The business’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.09. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90.

Snipp Interactive Company Profile

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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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