Hercules Site Services (LON:HERC) Trading 7.5% Higher Following Insider Buying Activity

Hercules Site Services Plc (LON:HERC) shares rose 7.5% during mid-day trading on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 44 and last traded at GBX 43.01. Approximately 340,283 shares changed hands during trading, an increase of 125% from the average daily volume of 151,340 shares. The stock had previously closed at GBX 40.

Specifically, insider Brusk Kivilcim Korkmaz bought 87,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were acquired at an average price of GBX 41 per share, for a total transaction of £35,875. Also, insider Brusk Kivilcim Korkmaz purchased 70,000 shares of the stock in a transaction on Friday, July 24th. The shares were bought at an average cost of GBX 41 per share, for a total transaction of £28,700. In other news, insider Brusk Kivilcim Korkmaz bought 30,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average cost of GBX 38 per share, with a total value of £11,400.

Hercules Site Services Stock Performance

The company has a market capitalization of £34.66 million, a P/E ratio of -18.15 and a beta of 0.90. The stock’s fifty day moving average price is GBX 29.73 and its 200-day moving average price is GBX 38.98. The company has a debt-to-equity ratio of 150.00, a quick ratio of 1.43 and a current ratio of 1.15.

Hercules Site Services (LON:HERC) last posted its quarterly earnings results on Friday, May 22nd. The company reported GBX 0.75 EPS for the quarter. The business had revenue of £121.25 million during the quarter. Hercules Site Services had a negative return on equity of 5.56% and a negative net margin of 0.53%. As a group, research analysts anticipate that Hercules Site Services Plc will post 1.2407862 EPS for the current fiscal year.

Hercules Site Services Company Profile