Snipp Interactive (CVE:SPN) Stock Passes Below Fifty Day Moving Average – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.09 and traded as low as C$0.09. Snipp Interactive shares last traded at C$0.09, with a volume of 135,250 shares trading hands.

Snipp Interactive Stock Down 5.3 %

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 company has a market cap of C$25.75 million, a P/E ratio of -9.00 and a beta of 1.42. The stock has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.

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.

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