Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $10.49, but opened at $9.90. Super Hi International shares last traded at $10.33, with a volume of 226 shares traded.

Analyst Upgrades and Downgrades

HDL has been the topic of several research reports. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Monday, September 21st. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Super Hi International Stock Down 1.5%

The stock has a market capitalization of $671.76 million, a price-to-earnings ratio of 38.26 and a beta of -0.06. The business has a fifty day moving average of $11.93 and a 200 day moving average of $13.91. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Thursday, August 27th. The company reported ($0.03) earnings per share 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 analyst estimates of $222.80 million. As a group, equities analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd raised its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent SEC filing.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.