Hercules Site Services (LON:HERC) Trading Down 7.7% – Here’s Why

Hercules Site Services Plc (LON:HERC)’s share price traded down 7.7% during mid-day trading on Wednesday . The stock traded as low as GBX 41.30 and last traded at GBX 42. Approximately 274,289 shares were traded during trading, an increase of 77% from the average session volume of 155,087 shares. The stock had previously closed at GBX 45.50.

Hercules Site Services Trading Up 1.1%

The business has a fifty day simple moving average of GBX 31.21 and a 200 day simple moving average of GBX 38.24. The stock has a market cap of £34.23 million, a price-to-earnings ratio of -17.92 and a beta of 0.90. 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 released its quarterly earnings results on Friday, May 22nd. The company reported GBX 0.75 earnings per share for the quarter. Hercules Site Services had a negative return on equity of 5.56% and a negative net margin of 0.53%.The company had revenue of £121.25 million during the quarter. As a group, equities analysts anticipate that Hercules Site Services Plc will post 1.2407862 EPS for the current year.

Insider Activity

In other news, insider Brusk Kivilcim Korkmaz bought 150,000 shares of the stock in a transaction on Thursday, July 2nd. The stock was purchased at an average cost of GBX 28 per share, with a total value of £42,000. Also, insider Paul David Wheatcroft purchased 37,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was acquired at an average price of GBX 27 per share, with a total value of £9,990. Insiders bought a total of 982,660 shares of company stock valued at $33,396,100 over the last 90 days. Insiders own 37.19% of the company’s stock.

About Hercules Site Services