Snipp Interactive (CVE:SPN) Stock Price Up 5.6% – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares rose 5.6% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 218,500 shares traded hands during trading, a decline of 26% from the average daily volume of 295,371 shares. The stock had previously closed at C$0.09.

Snipp Interactive Stock Performance

The business’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.08. The company has a market capitalization of C$27.18 million, a P/E ratio of -9.50 and a beta of 1.42. The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18.

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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