Snipp Interactive (CVE:SPN) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Snipp Interactive Inc. (CVE:SPNGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . 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 53,000 shares changing hands.

Snipp Interactive Price Performance

The stock has a market capitalization of C$24.32 million, a price-to-earnings ratio of -8.50 and a beta of 1.42. The company’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08. The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18.

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.

Further Reading

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