Snipp Interactive (CVE:SPN) Stock Price Up 5.6% – Time to Buy?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares shot up 5.6% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 218,500 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 295,371 shares. The stock had previously closed at C$0.09.

Snipp Interactive Price 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 company has a market cap of C$27.18 million, a price-to-earnings ratio of -9.50 and a beta of 1.42. The business has a fifty day moving average price of C$0.09 and a 200 day moving average price of C$0.08.

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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