Snipp Interactive (CVE:SPN) Hits New 52-Week Low – Here’s What Happened

Shares of Snipp Interactive Inc. (CVE:SPN) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 4,000 shares. The stock had previously closed at C$0.03.

Snipp Interactive Stock Performance

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 stock has a market cap of C$8.61 million, a PE ratio of -4.00 and a beta of 2.27. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

About Snipp Interactive

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.