Super Hi International (NASDAQ:HDL) Shares Gap Up – Should You Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL) gapped up before the market opened on Wednesday . The stock had previously closed at $22.11, but opened at $23.87. Super Hi International shares last traded at $23.23, with a volume of 3,836 shares trading hands.

Super Hi International Trading Down 2.9 %

The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average price of $24.53 and a 200-day moving average price of $21.57.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to analysts’ expectations of $212.06 million. On average, equities research analysts expect that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in HDL. Bank of America Corp DE purchased a new stake in shares of Super Hi International in the fourth quarter valued at $52,000. Jane Street Group LLC purchased a new position in shares of Super Hi International in the 4th quarter worth approximately $295,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International in the fourth quarter valued at about $278,000.

About Super Hi International

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.