Zacks Research Downgrades Super Hi International (NASDAQ:HDL) to Strong Sell

Super Hi International (NASDAQ:HDL) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a research note on Tuesday, December 23rd. Two investment 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 Trading Up 0.5%

Shares of Super Hi International stock opened at $16.46 on Tuesday. The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47. Super Hi International has a 12-month low of $15.83 and a 12-month high of $28.88. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 41.15 and a beta of -0.59. The firm’s 50-day moving average price is $16.65 and its two-hundred day moving average price is $17.53.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HDL. Bank of America Corp DE bought a new position in shares of Super Hi International in the fourth quarter worth about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Super Hi International during the 2nd quarter valued at approximately $157,000. XY Capital Ltd acquired a new position in Super Hi International during the 3rd quarter worth approximately $186,000. Finally, Jane Street Group LLC lifted 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 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.