Snipp Interactive (CVE:SPN) Trading 16.7% Higher – What’s Next?

Snipp Interactive Inc. (CVE:SPNGet Free Report) shares traded up 16.7% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 117,852 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 95,277 shares. The stock had previously closed at C$0.06.

Snipp Interactive Price Performance

The firm has a market capitalization of C$20.03 million, a P/E ratio of -6.00 and a beta of 1.42. The stock’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 9.16, a current ratio of 0.90 and a quick ratio of 2.18.

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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