Super Hi International (NASDAQ:HDL) Hits New 52-Week Low – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) hit a new 52-week low during trading on Wednesday. The company traded as low as $11.46 and last traded at $11.46, with a volume of 135 shares trading hands. The stock had previously closed at $11.74.

Wall Street Analyst Weigh In

A number of equities research analysts have 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 reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Super Hi International currently has an average rating of “Reduce”.

Super Hi International Stock Down 2.0%

The stock has a market cap of $745.24 million, a P/E ratio of 42.44 and a beta of -0.14. The company has a quick ratio of 2.25, a current ratio of 2.50 and a debt-to-equity ratio of 0.47. The company has a 50-day simple moving average of $12.87 and a two-hundred day simple moving average of $13.45.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a return on equity of 2.61% and a net margin of 1.16%.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

An institutional investor recently raised its stake in Super Hi International stock. XY Capital Ltd raised its position in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,303 shares of the company’s stock after acquiring an additional 1,348 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

About Super Hi International

Super Hi International Holding Ltd. (NASDAQ: HDL) operates Haidilao hot pot restaurants outside mainland China. The company provides dine-in Chinese hot pot services, allowing customers to select ingredients such as meats, seafood, vegetables, noodles and other items to cook in a shared broth at the table. Its restaurants also offer a range of beverages, desserts and other complementary menu items.

The company’s international business developed from Haidilao’s overseas expansion, which began with a restaurant in Singapore in 2012.