Super Hi International (NASDAQ:HDL) Trading Down 5.2% – Should You Sell?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) were down 5.2% on Wednesday . The company traded as low as $12.74 and last traded at $13.01. Approximately 190 shares were traded during trading, a decline of 90% from the average daily volume of 1,990 shares. The stock had previously closed at $13.73.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The company’s fifty day moving average price is $13.84 and its 200 day moving average price is $15.55. The company has a market cap of $839.21 million, a PE ratio of 21.51 and a beta of -0.16.

Super Hi International (NASDAQ:HDL) last released its earnings results on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.16). The business had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. On average, equities research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HDL. Bank of America Corp DE bought a new position in Super Hi International during the fourth quarter valued at $52,000. XY Capital Ltd purchased a new position in shares of Super Hi International in the third quarter valued at $186,000. Finally, Jane Street Group LLC raised its stake 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 purchasing an additional 4,457 shares during the period.

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.