PipeHawk (LON:PIP) Releases Earnings Results

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

PipeHawk Trading Down 7.9%

Shares of PIP traded down GBX 0.15 during trading on Wednesday, reaching GBX 1.75. 207,965 shares of the company traded hands, compared to its average volume of 112,413. PipeHawk has a twelve month low of GBX 1.01 and a twelve month high of GBX 4.10. The stock has a market cap of £635,477.50, a PE ratio of -0.78 and a beta of 0.50. The stock has a 50-day simple moving average of GBX 1.81 and a 200-day simple moving average of GBX 2.12. The company has a quick ratio of 0.51, a current ratio of 0.22 and a debt-to-equity ratio of -107.93.

About PipeHawk

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.