Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped down prior to trading on Tuesday . The stock had previously closed at $13.73, but opened at $12.77. Super Hi International shares last traded at $13.0010, with a volume of 3,815 shares.

Wall Street Analyst Weigh In

A number of brokerages have recently commented 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 raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce”.

Super Hi International Stock Down 5.3%

The business has a fifty day simple moving average of $13.94 and a 200 day simple moving average of $15.65. The firm has a market cap of $845.46 million, a price-to-earnings ratio of 21.67 and a beta of -0.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28.

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

Hedge Funds Weigh In On Super Hi International

Hedge funds have recently made changes to their positions in the company. XY Capital Ltd raised its holdings in shares of Super Hi International by 11.3% during the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after acquiring an additional 1,348 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after acquiring an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Super Hi International during the fourth quarter valued at approximately $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.