Super Hi International (NASDAQ:HDL) Reaches New 12-Month Low – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $11.61 and last traded at $11.5510, with a volume of 1248 shares trading hands. The stock had previously closed at $12.00.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HDL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Super Hi International Trading Up 1.9%

The company has a market capitalization of $769.43 million, a price-to-earnings ratio of 43.82 and a beta of -0.14. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average price is $13.07 and its two-hundred day moving average price is $13.73.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, August 26th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The company had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. On average, equities analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd increased its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,303 shares of the company’s stock after acquiring an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent reporting period.

About Super Hi International

Super Hi International Holding Ltd. (NASDAQ: HDL) operates Haidilao hot pot restaurants outside mainland China. The company provides dine-in Chinese hot pot services, allowing customers to select ingredients such as meats, seafood, vegetables, noodles and other items to cook in a shared broth at the table. Its restaurants also offer a range of beverages, desserts and other complementary menu items.

The company’s international business developed from Haidilao’s overseas expansion, which began with a restaurant in Singapore in 2012.