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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped down before the market opened on Monday . The stock had previously closed at $13.42, but opened at $13.00. Super Hi International shares last traded at $13.2910, with a volume of 271 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Zacks Research downgraded shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. 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 Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The company has a market cap of $874.59 million, a PE ratio of 22.41 and a beta of -0.10. The company’s 50 day moving average price is $13.08 and its 200-day moving average price is $14.82.

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 the consensus estimate 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 the consensus estimate of $215.58 million. Equities research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HDL. Jane Street Group LLC increased its stake in shares of Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares in the last quarter. XY Capital Ltd raised its position in shares of Super Hi International by 11.3% in the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after buying an additional 1,348 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Super Hi International during the 4th quarter valued at about $52,000.

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.