Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Thursday . The stock had previously closed at $16.92, but opened at $16.16. Super Hi International shares last traded at $16.58, with a volume of 681 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Super Hi International Trading Down 2.7%

The firm’s fifty day moving average price is $16.95 and its 200-day moving average price is $18.16. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 41.16 and a beta of -0.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The company had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. On average, equities analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

A number of large investors have recently made changes to their positions in HDL. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Super Hi International during the second quarter valued at about $157,000. Bank of America Corp DE acquired a new position in shares of Super Hi International during the 4th quarter valued at about $52,000. Finally, XY Capital Ltd bought a new position in shares of Super Hi International in the 3rd quarter valued at approximately $186,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.