Hercules Site Services (LON:HERC) Sets New 1-Year High – Here’s Why

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

Hercules Site Services Price Performance

The firm’s fifty day simple moving average is GBX 45.98 and its two-hundred day simple moving average is GBX 41.92. 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 firm has a market cap of £46.36 million, a PE ratio of -18.86 and a beta of 0.52.

About Hercules Site Services

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.