Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down before the market opened on Friday . The stock had previously closed at $13.49, but opened at $12.80. Super Hi International shares last traded at $13.3130, with a volume of 111 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HDL. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The firm has a fifty day moving average price of $12.91 and a 200 day moving average price of $14.52. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The stock has a market cap of $832.38 million, a PE ratio of 21.33 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The business had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Research analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

A number of large investors have recently modified their holdings of HDL. Jane Street Group LLC boosted its stake in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares in the last quarter. Bank of America Corp DE purchased a new stake in Super Hi International during the 4th quarter worth approximately $52,000. Finally, XY Capital Ltd increased its stake in Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after purchasing an additional 1,640 shares in the last quarter.

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.