Snipp Interactive (CVE:SPN) Shares Cross Below 50-Day Moving Average – Time to Sell?

Shares of Snipp Interactive Inc. (CVE:SPNGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.09 and traded as low as C$0.08. Snipp Interactive shares last traded at C$0.08, with a volume of 36,766 shares.

Snipp Interactive Price Performance

The company has a quick ratio of 2.18, a current ratio of 0.90 and a debt-to-equity ratio of 9.16. The company has a market capitalization of C$21.46 million, a P/E ratio of -7.50 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.

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.

Further Reading

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