Shawcor Ltd (TSE:SCL)’s share price reached a new 52-week high on Friday . The company traded as high as C$28.44 and last traded at C$28.10, with a volume of 560499 shares. The stock had previously closed at C$26.79.

Shawcor (TSE:SCL) last posted its quarterly earnings data on Tuesday, May 8th. The company reported C$0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.17 by C($0.10). The company had revenue of C$350.52 million for the quarter, compared to analysts’ expectations of C$308.00 million. Shawcor had a return on equity of 7.95% and a net margin of 5.14%.

Shawcor Company Profile

Shawcor Ltd., an energy services company, provides products and services for the pipeline, pipe services, petrochemical, and industrial segments of the energy industry worldwide. It operates in two segments, Pipeline and Pipe Services, and Petrochemical and Industrial. The company offers pipe coating, insulation coating, and weight coating systems, as well as custom coating and field joint application services for onshore and offshore pipelines; ultrasonic and radiographic pipeline girth weld inspection services for pipeline operators and construction contractors; manufactures and sells heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications; and designs and assembles engineered pipe logistics products and services.

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