PipeHawk plc (LON:PIP) rose 4.9% during mid-day trading on Monday . The company traded as high as GBX 5 ($0.07) and last traded at GBX 4.88 ($0.06), approximately 137,500 shares traded hands during trading. An increase of 72% from the average daily volume of 79,914 shares. The stock had previously closed at GBX 4.65 ($0.06).
The stock’s fifty day moving average is GBX 4.60 and its 200-day moving average is GBX 4.40. The stock has a market capitalization of $1.68 million and a PE ratio of 6.97.
About PipeHawk (LON:PIP)
PipeHawk plc engages in the development, assembly, and sale of ground probing radar (GPR) equipment, and test system solutions; and provision of GPR based services and the undertaking of complementary research and development assignments in the United Kingdom, Europe, and internationally. It operates through Utility Detection and Mapping Services; Development, Assembly and Sale of GPR Equipment; and Automation and Test System Solutions segments.
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