Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped up before the market opened on Wednesday . The stock had previously closed at $13.41, but opened at $14.50. Super Hi International shares last traded at $14.7040, with a volume of 3,980 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Super Hi International Trading Up 9.4%

The firm has a market cap of $953.66 million, a price-to-earnings ratio of 20.95 and a beta of -0.15. The company has a 50-day moving average price of $14.91 and a 200 day moving average price of $16.30. The company has a quick ratio of 2.15, a current ratio of 2.41 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Wednesday, April 1st. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.09). The business had revenue of $229.97 million during the quarter, compared to analyst estimates of $239.27 million. Super Hi International had a return on equity of 9.61% and a net margin of 4.33%. As a group, research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.76 earnings per share for the current fiscal year.

Institutional Trading of Super Hi International

Several hedge funds and other institutional investors have recently modified their holdings of HDL. Bank of America Corp DE acquired a new stake in shares of Super Hi International in the fourth quarter worth $52,000. XY Capital Ltd acquired a new stake in Super Hi International during the third quarter valued at $186,000. Finally, Jane Street Group LLC boosted its position in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares during the last quarter.

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.