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Snipp Interactive ( (TSE:SPN) ) has provided an update.
Snipp Interactive Inc. has secured a one-year agreement worth $576,850 with a multinational food manufacturing client to power purchase-based promotional programs using its proprietary platform and AI technologies. This partnership reflects Snipp’s trusted role in providing innovative, secure, and scalable solutions for global brands, enhancing consumer engagement and delivering valuable insights through advanced data analysis and fraud prevention tools.
Spark’s Take on TSE:SPN Stock
According to Spark, TipRanks’ AI Analyst, TSE:SPN is a Neutral.
Snipp Interactive’s overall stock score is primarily influenced by its financial performance and valuation. The company faces profitability challenges and inconsistent revenue, impacting its financial health. Technical analysis indicates a bearish trend, while the negative P/E ratio and lack of dividend yield highlight valuation concerns. Improvements in cash flow provide some optimism, but volatility remains a risk.
To see Spark’s full report on TSE:SPN stock, click here.
More about Snipp Interactive
Snipp Interactive Inc. is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. It offers a modular platform that supports customer acquisition, retention, and engagement for Fortune 500 clients and world-class agencies. The platform includes modules for receipt processing, loyalty programs, rewards catalogues, gaming, and media solutions, and is recognized for its industry-leading receipt-based promotions in North America. Snipp is headquartered in Vancouver, Canada, with a presence in the United States, Canada, Ireland, Europe, and India.
Average Trading Volume: 254,918
Technical Sentiment Signal: Sell
Current Market Cap: C$15.74M
See more data about SPN stock on TipRanks’ Stock Analysis page.