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

Snipp Interactive Inc. (CVE:SPN – Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.08 and traded as low as C$0.07. Snipp Interactive shares last traded at C$0.07, with a volume of 110,000 shares.

Snipp Interactive Price Performance

The stock has a market cap of C$20.03 million, a P/E ratio of -7.00 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. The company’s fifty day simple moving average is C$0.08 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.

Recommended Stories

• Five stocks we like better than Snipp Interactive
• 3 Stocks to Consider Buying in October
• Short Sellers Gave Up on These 3 Names Recently
• Conference Calls and Individual Investors
• 3 Boring Stocks Outperforming the Market This Year
• What is an Earnings Surprise?
• If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy