Hercules Site Services (LON:HERC) Trading Up 3.4% – Still a Buy?

Hercules Site Services Plc (LON:HERCGet Free Report) shares were up 3.4% during trading on Thursday . The stock traded as high as GBX 45 ($0.55) and last traded at GBX 45 ($0.55). Approximately 57,517 shares were traded during trading, a decline of 45% from the average daily volume of 104,650 shares. The stock had previously closed at GBX 43.50 ($0.53).

Hercules Site Services Trading Down 1.5 %

The business’s 50 day moving average price is GBX 42.73 and its two-hundred day moving average price is GBX 43.36. The company has a current ratio of 0.96, a quick ratio of 1.43 and a debt-to-equity ratio of 251.19. The company has a market capitalization of £34.52 million, a price-to-earnings ratio of 4,335.50 and a beta of 0.52.

About Hercules Site Services

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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.

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