Snipp Interactive (CVE:SPN) Stock Price Up 5.6% – What’s Next?

Snipp Interactive Inc. (CVE:SPN) shares shot up 5.6% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. 218,500 shares were traded during trading, a decline of 26% from the average session volume of 295,371 shares. The stock had previously closed at C$0.09.

Snipp Interactive Stock Performance

The company’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08. The stock has a market capitalization of C$27.18 million, a price-to-earnings ratio of -9.50 and a beta of 1.42. The company has a current ratio of 0.90, a quick ratio of 2.18 and a debt-to-equity ratio of 9.16.

About Snipp Interactive

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.