Snipp Interactive (CVE:SPN) Stock Passes Above 50-Day Moving Average – What’s Next?

Shares of Snipp Interactive Inc. (CVE:SPN) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.05 and traded as high as C$0.06. Snipp Interactive shares last traded at C$0.06, with a volume of 45,000 shares traded.

Snipp Interactive Trading Down 8.3%

The company has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a debt-to-equity ratio of 9.16, a quick ratio of 2.18 and a current ratio of 0.90. The stock has a market capitalization of C$15.79 million, a PE ratio of -5.50 and a beta of 1.16.

Snipp Interactive Company Profile

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.