Hercules Site Services (LON:HERC) Trading 1% Higher – Time to Buy?

Hercules Site Services Plc (LON:HERC)’s share price traded up 1% during trading on Tuesday . The company traded as high as GBX 51 ($0.66) and last traded at GBX 51 ($0.66). 46,185 shares were traded during trading, a decline of 35% from the average session volume of 71,188 shares. The stock had previously closed at GBX 50.50 ($0.65).

Hercules Site Services Trading Up 1.0 %

The stock has a 50-day moving average of GBX 48.79 and a 200 day moving average of GBX 45.96. The company has a quick ratio of 1.43, a current ratio of 1.15 and a debt-to-equity ratio of 108.20. The stock has a market cap of £41.67 million, a PE ratio of 53.51 and a beta of 0.52.

Hercules Site Services (LON:HERC) last released its quarterly earnings data on Monday, January 13th. The company reported GBX 1.46 ($0.02) earnings per share for the quarter. Hercules Site Services had a net margin of 0.64% and a return on equity of 6.17%. As a group, sell-side analysts anticipate that Hercules Site Services Plc will post 1.2407862 earnings per share for the current year.

Hercules Site Services Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be paid a dividend of GBX 1.12 ($0.01) per share. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.52%. This is a positive change from Hercules Site Services’s previous dividend of $0.60. Hercules Site Services’s dividend payout ratio (DPR) is presently 209.85%.

Insider Activity

In other news, insider Paul David Wheatcroft bought 19,200 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was purchased at an average cost of GBX 52 ($0.67) per share, for a total transaction of £9,984 ($12,925.95). Insiders own 67.18% of the company’s stock.

Hercules Site Services Company Profile

Hercules Site Services plc is a leading technology enabled labour supply company for the UK infrastructure and construction sectors, which joined the AIM market in February 2022. Founded in 2008 by CEO Brusk Korkmaz, Hercules provides site services to a diverse range of blue-chip clients, including Balfour Beaty, Costain, Skanska, Kier, and Hill Group.