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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped down prior to trading on Tuesday . The stock had previously closed at $13.73, but opened at $12.77. Super Hi International shares last traded at $13.0010, with a volume of 3,815 shares traded.

Wall Street Analysts Forecast Growth

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

Super Hi International Price Performance

The firm’s fifty day moving average price is $13.94 and its 200 day moving average price is $15.65. The firm has a market capitalization of $845.46 million, a PE ratio of 21.67 and a beta of -0.16. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Friday, May 15th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. As a group, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Trading of Super Hi International

A number of hedge funds have recently modified their holdings of the stock. XY Capital Ltd boosted its stake in shares of Super Hi International by 11.3% in the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after buying an additional 1,348 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Super Hi International in the fourth quarter worth about $52,000.

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.