Super Hi International (NASDAQ:HDL) Shares Gap Down – Should You Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $16.92, but opened at $16.16. Super Hi International shares last traded at $16.58, with a volume of 681 shares traded.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Super Hi International presently has an average rating of “Reduce”.

Super Hi International Trading Down 2.7%

The firm has a market capitalization of $1.07 billion, a P/E ratio of 41.16 and a beta of -0.50. The business has a 50-day moving average price of $16.95 and a 200-day moving average price of $18.16. The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The business had revenue of $216.61 million for the quarter, compared to analyst estimates of $228.41 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%. Analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in shares of Super Hi International in the 4th quarter valued at $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Super Hi International during the 2nd quarter valued at about $157,000. Finally, XY Capital Ltd bought a new position in Super Hi International during the 3rd quarter valued at about $186,000.

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.