PipeHawk (LON:PIP) Announces Earnings Results

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

PipeHawk Trading Down 7.9%

Shares of PIP traded down GBX 0.15 during mid-day trading on Wednesday, hitting GBX 1.75. 207,965 shares of the company’s stock traded hands, compared to its average volume of 112,413. The company has a quick ratio of 0.51, a current ratio of 0.22 and a debt-to-equity ratio of -107.93. The firm has a market capitalization of £635,477.50, a P/E ratio of -0.78 and a beta of 0.50. The business’s 50-day moving average price is GBX 1.81 and its 200-day moving average price is GBX 2.12. PipeHawk has a 1 year low of GBX 1.01 and a 1 year high of GBX 4.10.

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.