Super Hi International (NASDAQ:HDL) Hits New 12-Month Low – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.74 and last traded at $15.74, with a volume of 658 shares. The stock had previously closed at $16.46.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HDL. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. Zacks Research cut Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat, Super Hi International currently has a consensus rating of “Sell”.

Super Hi International Stock Up 2.6%

The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 40.39 and a beta of -0.59. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53. The business’s 50 day moving average is $16.62 and its 200 day moving average is $17.41.

Institutional Investors Weigh In On Super Hi International

Several institutional investors and hedge funds have recently made changes to their positions in HDL. XY Capital Ltd acquired a new position in shares of Super Hi International in the 3rd quarter valued at $186,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International in the 2nd quarter worth $157,000. Jane Street Group LLC lifted its position in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after acquiring an additional 4,457 shares during the period. Finally, Bank of America Corp DE acquired a new stake in Super Hi International during the 4th quarter worth about $52,000.

About Super Hi International

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.