Super Hi International (NASDAQ:HDL) Hits New 52-Week Low – Time to Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) hit a new 52-week low on Thursday . The company traded as low as $12.70 and last traded at $13.10, with a volume of 1372 shares. The stock had previously closed at $13.09.

Analysts Set New Price Targets

A number of brokerages have weighed in on HDL. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Super Hi International has an average rating of “Reduce”.

Super Hi International Trading Up 0.1%

The company has a market capitalization of $851.89 million, a PE ratio of 21.83 and a beta of -0.16. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The stock has a fifty day moving average of $14.00 and a two-hundred day moving average of $15.75.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The firm had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. As a group, sell-side analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A number of large investors have recently modified their holdings of the company. XY Capital Ltd raised its holdings in shares of Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after buying an additional 1,348 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying an additional 4,457 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of Super Hi International during 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.