Super Hi International (NASDAQ:HDL) Shares Up 5.7% – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) traded up 5.7% during trading on Friday. The company traded as high as $10.30 and last traded at $10.30. Approximately 4,925 shares traded hands during trading, an increase of 196% from the average session volume of 1,666 shares. The stock had previously closed at $9.74.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings restated 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Super Hi International Price Performance

The stock has a market capitalization of $675.66 million, a price-to-earnings ratio of 38.48 and a beta of -0.06. The company has a 50 day moving average of $12.05 and a 200 day moving average of $12.94. The company has a quick ratio of 2.25, a current ratio of 2.50 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last released its 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 return on equity of 2.61% and a net margin of 1.16%. The business had revenue of $218.83 million for the quarter, compared to analysts’ expectations of $222.80 million. As a group, equities research analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Super Hi International stock. XY Capital Ltd lifted its stake in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.