Snipp Interactive (CVE:SPN) Shares Pass Below 50 Day Moving Average of $0.11

Snipp Interactive Inc. (CVE:SPNGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.11 and traded as low as C$0.09. Snipp Interactive shares last traded at C$0.10, with a volume of 32,797 shares.

Snipp Interactive Stock Performance

The stock has a market cap of C$28.61 million, a P/E ratio of -10.00 and a beta of 1.46. The firm has a 50 day moving average of C$0.11 and a two-hundred day moving average of C$0.12. The company has a debt-to-equity ratio of 8.19, a quick ratio of 2.18 and a current ratio of 1.00.

About Snipp Interactive

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Snipp Interactive Inc provides mobile marketing and loyalty services in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a receipt processing system that allows brands to run retail-agnostic purchase or non-purchase promotions; 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, a cloud-based customer loyalty program software.

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