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

Hercules Site Services Plc (LON:HERC)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 53.92 ($0.67) and last traded at GBX 52 ($0.64), with a volume of 128436 shares traded. The stock had previously closed at GBX 51 ($0.63).

Hercules Site Services Stock Up 2.0 %

The firm’s 50-day moving average price is GBX 44.39 and its 200-day moving average price is GBX 44.97. The company has a market cap of £41.40 million, a price-to-earnings ratio of 5,200.00 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.

Hercules Site Services (LON:HERC) last announced its quarterly earnings data on Monday, January 13th. The company reported GBX 1.46 ($0.02) earnings per share (EPS) for the quarter. Hercules Site Services had a net margin of 0.59% and a return on equity of 6.71%. Sell-side analysts forecast that Hercules Site Services Plc will post 1.2407862 earnings per share for the current fiscal year.

Hercules Site Services Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be issued a GBX 1.12 ($0.01) dividend. This represents a yield of 2.52%. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Hercules Site Services’s previous dividend of $0.60. Hercules Site Services’s payout ratio is 20,000.00%.

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.