Hercules Site Services (LON:HERC) Shares Up 7.5% on Insider Buying Activity

Hercules Site Services Plc (LON:HERC) rose 7.5% 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 traded 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 acquired 87,500 shares of Hercules Site Services stock in a transaction dated Tuesday, July 28th. The stock was bought at an average cost of GBX 41 per share, with a total value of £35,875. Also, insider Brusk Kivilcim Korkmaz bought 70,000 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was purchased 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 business’s stock in a transaction on Friday, July 24th. The shares were purchased at an average price of GBX 38 per share, for a total transaction of £11,400.

Hercules Site Services Stock Up 7.5%

The company has a current ratio of 1.15, a quick ratio of 1.43 and a debt-to-equity ratio of 150.00. The company has a market capitalization of £34.66 million, a P/E ratio of -18.15 and a beta of 0.90. The firm’s 50 day moving average price is GBX 29.73 and its two-hundred day moving average price is GBX 38.98.

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

About Hercules Site Services