Snipp Interactive (CVE:SPN) Trading Up 25% – Here’s Why

Snipp Interactive Inc. (CVE:SPNGet Free Report) was up 25% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 1,353,799 shares changed hands during mid-day trading, an increase of 630% from the average daily volume of 185,408 shares. The stock had previously closed at C$0.04.

Snipp Interactive Stock Performance

The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18. The stock has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The stock has a market capitalization of C$14.36 million, a PE ratio of -5.00 and a beta of 0.29.

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.

Featured Stories

Receive News & Ratings for Snipp Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snipp Interactive and related companies with MarketBeat.com's FREE daily email newsletter.