Snipp Interactive (CVE:SPN) Shares Down 20%

Shares of Snipp Interactive Inc. (CVE:SPNGet Free Report) were down 20% during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 134,000 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 98,033 shares. The stock had previously closed at C$0.08.

Snipp Interactive Price Performance

The stock’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.10. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90. The firm has a market cap of C$21.46 million, a PE ratio of -7.50 and a beta of 1.45.

Snipp Interactive Company Profile

(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.

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