Pipehawk (PIP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

5.50p
   
  • Change Today:
    -0.75p
  • 52 Week High: 13.50
  • 52 Week Low: 5.50
  • Currency: UK Pounds
  • Shares Issued: 36.31m
  • Volume: 323,907
  • Market Cap: £2.00m
  • RiskGrade: 185

PipeHawk shares surge on new contract with Isoclad

By Josh White

Date: Tuesday 15 Sep 2020

LONDON (ShareCast) - (Sharecast News) - PipeHawk announced on Tuesday that its wholly-owned subsidiary QM Systems has been awarded a contract to provide a "state of the art" complete manufacturing facility to Isoclad, for the manufacture of specialist clad panels for its 'Customclad' service.
The AIM-traded firm described Isoclad as one of the UK's largest independent composite panel manufacturers, with the Customclad service developed to meet a growing requirement for customised panels across the data, storage and modular build fields.

It said the project, which was worth about £1.7m, would start immediately, and was due for completion within the current financial year.

"This is excellent news and demonstrates how the diverse nature of QM Systems's portfolio of partners and unique skill set has enabled it to navigate the difficult conditions experienced in light of the current Covid-19 crisis, and continues to provide innovation driven manufacturing solutions," said chairman Gordon Watt.

"QM Systems is proud to be the partner of choice for Customclad and we look forward to working closely together going forward."

At 1329 BST, shares in PipeHawk were up 41.47% at 6.72p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Pipehawk Market Data

Currency UK Pounds
Share Price 5.50p
Change Today -0.75p
% Change -12.00 %
52 Week High 13.50
52 Week Low 5.50
Volume 323,907
Shares Issued 36.31m
Market Cap £2.00m
RiskGrade 185

Pipehawk Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
9.66% below the market average9.66% below the market average9.66% below the market average9.66% below the market average9.66% below the market average
11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average
Price Trend
87.43% below the market average87.43% below the market average87.43% below the market average87.43% below the market average87.43% below the market average
84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average
Income Not Available
Growth
72.79% below the market average72.79% below the market average72.79% below the market average72.79% below the market average72.79% below the market average
82.35% below the sector average82.35% below the sector average82.35% below the sector average82.35% below the sector average82.35% below the sector average

Pipehawk Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
14:43 150,000 @ 5.50p
14:47 22,000 @ 5.75p
14:42 25,000 @ 5.50p
14:00 25,000 @ 6.00p
14:00 25,000 @ 6.00p

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