Hercules Site Services (LON:HERC) Reaches New 52-Week High – Should You Buy?

Hercules Site Services Plc (LON:HERC)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 59 and last traded at GBX 57.53, with a volume of 53928 shares changing hands. The stock had previously closed at GBX 55.50.

Hercules Site Services Trading Up 3.6%

The firm has a market capitalization of £46.36 million, a P/E ratio of -18.86 and a beta of 0.52. The company has a current ratio of 1.15, a quick ratio of 1.43 and a debt-to-equity ratio of 108.20. The stock has a 50 day simple moving average of GBX 45.98 and a 200-day simple moving average of GBX 41.92.

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. Our services include:
– Labour Supply (blue collar operatives)
– Civil Projects, mainly in the water utilities sector for the likes of Thames Water, Southern Water, Anglian Water, and Severn Trent
– Suction Excavator services
– Hercules Construction Academy, upskilling our workers and providing training to individuals from across the industry
– Future Build Recruitment, is our first acquisition and provides white collar recruitment services.