Super Hi International (NASDAQ:HDL) Reaches New 12-Month Low – Should You Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $12.00 and last traded at $12.0440, with a volume of 1334 shares. The stock had previously closed at $12.51.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25. The company has a 50 day simple moving average of $13.12 and a 200-day simple moving average of $13.91. The stock has a market capitalization of $768.07 million, a P/E ratio of 43.74 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Wednesday, August 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The firm had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. On average, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

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 bought a new stake in Super Hi International during the 4th quarter worth approximately $52,000. XY Capital Ltd increased its holdings in shares of Super Hi International by 15.9% in the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after buying an additional 1,640 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in Super Hi International by 26.5% in 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.

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.