Snipp Interactive (CVE:SPN) Stock Price Up 25% – Should You Buy?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares shot up 25% on Friday . The company traded as high as C$0.06 and last traded at C$0.05. 1,225,799 shares traded hands during trading, an increase of 579% from the average session volume of 180,445 shares. The stock had previously closed at C$0.04.

Snipp Interactive Trading Up 25.0%

The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. 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 market capitalization of C$14.36 million, a P/E ratio of -5.00 and a beta of 0.29.

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

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.