Snipp Interactive (CVE:SPN) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.07 and traded as low as C$0.07. Snipp Interactive shares last traded at C$0.07, with a volume of 12,000 shares traded.

Snipp Interactive Trading Down 7.1 %

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 firm has a market cap of C$18.60 million, a PE ratio of -6.50 and a beta of 1.45. The company’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.09.

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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