Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Tuesday. The stock had previously closed at $10.49, but opened at $9.90. Super Hi International shares last traded at $10.33, with a volume of 226 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note 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 research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Super Hi International currently has an average rating of “Reduce”.

Super Hi International Stock Performance

The firm has a market capitalization of $671.76 million, a price-to-earnings ratio of 38.26 and a beta of -0.06. 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 stock has a fifty day moving average price of $11.93 and a 200-day moving average price of $13.91.

Super Hi International (NASDAQ:HDL) last released its earnings results on Thursday, August 27th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $222.80 million. As a group, analysts anticipate 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 stake in Super Hi International stock. XY Capital Ltd boosted its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

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.