PipeHawk (LON:PIP) Issues Earnings Results

PipeHawk (LON:PIP) issued its earnings results on Wednesday. The company reported GBX (0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 180 million during the quarter. PipeHawk had a negative net margin of 29.06% and a positive return on equity of 12.25%.

PipeHawk Trading Down 7.9%

Shares of PIP traded down GBX 0.15 during mid-day trading on Wednesday, reaching GBX 1.75. The stock had a trading volume of 207,965 shares, compared to its average volume of 112,413. PipeHawk has a 52-week low of GBX 1.01 and a 52-week high of GBX 4.10. The firm has a market cap of £635,477.50, a price-to-earnings ratio of -0.78 and a beta of 0.50. The business’s fifty day moving average is GBX 1.81 and its 200 day moving average is GBX 2.12. The company has a debt-to-equity ratio of -107.93, a current ratio of 0.22 and a quick ratio of 0.51.

PipeHawk Company Profile

PipeHawk plc engages in the development, assembly, and sale of test system solutions, rail industry solutions, and ground probing radar (GPR) equipment primarily for civil engineering and land mine detection applications in Europe and internationally. It operates through Utility Detection and Mapping Services; Development, Assembly, and Sale of GPR Equipment; Automation and Test System Solutions; and Rail Trackside Solutions segments. The company undertakes complementary research and development assignments.