Snipp Interactive (CVE:SPN) Reaches New 12-Month Low – What’s Next?

Snipp Interactive Inc. (CVE:SPN – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1,981 shares trading hands. The stock had previously closed at C$0.04.

Snipp Interactive Price Performance

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$8.61 million, a price-to-earnings ratio of -4.00 and a beta of 2.27. The business has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

About Snipp Interactive

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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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