SponsorsOne (CNSX:SPO) Stock Price Down 7.7%

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SponsorsOne Inc (CNSX:SPO) shares were down 7.7% on Friday . The company traded as low as $0.06 and last traded at $0.06, approximately 20,000 shares traded hands during mid-day trading. The stock had previously closed at $0.07.

The company has a 50 day moving average of $0.08.

About SponsorsOne (CNSX:SPO)

SponsorsOne Inc, an early stage technology company, develops and operates a cloud based social sponsorship platform for connecting and facilitating one-to one engagement between corporations to users in social networks. It operates SponsorsCloud, a platform that integrates with social networks and enables the delivery of the smart, social media marketing campaigns, and enables transactions through its e-commerce platform, which supports the exchange of goods and services between brands and users; and SponsorCoin, a currency used to compensate the users for interacting, engaging, and creating social media content around a brands campaign.

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