Snipp Interactive (CVE:SPN) Shares Down 10% – Time to Sell?

Shares of Snipp Interactive Inc. (CVE:SPNGet Free Report) traded down 10% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 359,741 shares traded hands during trading, an increase of 211% from the average session volume of 115,621 shares. The stock had previously closed at C$0.10.

Snipp Interactive Stock Performance

The stock has a market capitalization of C$25.75 million, a P/E ratio of -9.00 and a beta of 1.42. 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 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.

About Snipp Interactive

(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.

Further Reading

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