Hercules Site Services (LON:HERC) Trading Down 9.9% – What’s Next?

Hercules Site Services Plc (LON:HERC)’s stock price traded down 9.9% on Tuesday . The company traded as low as GBX 47.32 and last traded at GBX 47.32. 173,647 shares changed hands during trading, an increase of 40% from the average session volume of 123,900 shares. The stock had previously closed at GBX 52.50.

Hercules Site Services Price Performance

The company has a debt-to-equity ratio of 108.20, a current ratio of 1.15 and a quick ratio of 1.43. The company has a fifty day simple moving average of GBX 47.03 and a 200-day simple moving average of GBX 42.11. The company has a market cap of £37.20 million, a P/E ratio of -15.13 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.