Insider Buying: Hercules Site Services Plc (LON:HERC) Insider Acquires 19,200 Shares of Stock

Hercules Site Services Plc (LON:HERC) insider Paul David Wheatcroft bought 19,200 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were bought at an average price of GBX 52 ($0.65) per share, with a total value of £9,984 ($12,560.07).

Hercules Site Services Price Performance

LON:HERC opened at GBX 55.12 ($0.69) on Monday. Hercules Site Services Plc has a 52 week low of GBX 28 ($0.35) and a 52 week high of GBX 56 ($0.70). The firm has a market cap of £45.03 million, a price-to-earnings ratio of 57.84 and a beta of 0.52. The firm’s 50-day simple moving average is GBX 45.12 and its 200 day simple moving average is GBX 45.31. The company has a debt-to-equity ratio of 108.20, 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 Monday, January 13th. The company reported GBX 1.46 ($0.02) EPS for the quarter. Hercules Site Services had a net margin of 0.64% and a return on equity of 6.17%. As a group, sell-side analysts predict that Hercules Site Services Plc will post 1.2407862 earnings per share for the current year.

Hercules Site Services Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be given a dividend of GBX 1.12 ($0.01) per share. This represents a yield of 2.52%. This is a positive change from Hercules Site Services’s previous dividend of $0.60. The ex-dividend date is Thursday, February 20th. Hercules Site Services’s dividend payout ratio (DPR) is currently 209.85%.

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.