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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $11.90, but opened at $11.02. Super Hi International shares last traded at $11.1690, with a volume of 6,068 shares traded.

Analyst Ratings Changes

Several research firms recently issued reports on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research report on Monday, September 21st. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Super Hi International Price Performance

The firm has a market cap of $720.21 million, a price-to-earnings ratio of 41.02 and a beta of -0.06. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.25 and a current ratio of 2.50. The stock’s 50 day simple moving average is $12.53 and its 200-day simple moving average is $13.20.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share 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 firm had revenue of $218.83 million for the quarter, compared to analysts’ expectations of $222.80 million. Equities research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS 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 Form 13F filing with the SEC. The institutional investor owned 13,303 shares of the company’s stock after buying an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent filing with the SEC.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.