Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.74 and last traded at $15.74, with a volume of 658 shares. The stock had previously closed at $16.46.

Analyst Ratings Changes

A number of brokerages have weighed in on HDL. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research downgraded Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Super Hi International Trading Down 1.6%

The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average is $16.64 and its 200 day moving average is $17.46. The stock has a market cap of $1.02 billion, a PE ratio of 39.35 and a beta of -0.59.

Institutional Investors Weigh In On Super Hi International

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE acquired a new position in Super Hi International during the fourth quarter worth $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Super Hi International during the 2nd quarter worth $157,000. XY Capital Ltd acquired a new position in shares of Super Hi International during the 3rd quarter worth $186,000. Finally, Jane Street Group LLC boosted its position in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares in the last quarter.

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.