Hercules Site Services (LON:HERC) Shares Up 12.2% – Should You Buy?

Hercules Site Services Plc (LON:HERC) rose 12.2% during mid-day trading on Wednesday . The company traded as high as GBX 50 ($0.65) and last traded at GBX 48.80 ($0.64). Approximately 180,952 shares were traded during trading, an increase of 255% from the average daily volume of 50,990 shares. The stock had previously closed at GBX 43.50 ($0.57).

Hercules Site Services Price Performance

The firm has a market cap of £36.07 million, a P/E ratio of 4,395.00 and a beta of 0.52. The company has a debt-to-equity ratio of 251.19, a current ratio of 0.96 and a quick ratio of 1.43. The firm’s 50 day moving average is GBX 46.51 and its 200 day moving average is GBX 39.59.

Insider Transactions at Hercules Site Services

In related news, insider Paul David Wheatcroft purchased 24,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The shares were bought at an average price of GBX 40 ($0.52) per share, for a total transaction of £9,600 ($12,563.80). Insiders own 69.69% of the company’s stock.

About Hercules Site Services

Hercules Site Services Plc engages in general construction and civil engineering businesses. The company operates through four segments: Labour Supply, Civil Projects, The Provision of Suction Excavator Services, and Other Activities. The company offers labor supply; delivers civils projects; and hires out the suction excavators and other plants.