Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped down before the market opened on Friday . The stock had previously closed at $23.75, but opened at $22.01. Super Hi International shares last traded at $22.73, with a volume of 270 shares.

Super Hi International Price Performance

The firm’s 50-day moving average price is $24.53 and its two-hundred day moving average price is $21.68. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.51 billion and a PE ratio of 77.27.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.37). The company had revenue of $208.76 million for the quarter, compared to the consensus estimate of $212.06 million. On average, equities 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

Several hedge funds and other institutional investors have recently bought and sold shares of HDL. Jane Street Group LLC purchased a new stake in shares of Super Hi International during the 4th quarter worth $295,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Super Hi International during the 4th quarter worth approximately $278,000. Finally, Bank of America Corp DE acquired a new stake in Super Hi International in the 4th quarter valued at 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.