Super Hi International (NASDAQ:HDL) Shares Gap Up – Still a Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $9.90, but opened at $10.69. Super Hi International shares last traded at $10.4540, with a volume of 207 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a 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 equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Super Hi International has an average rating of “Reduce”.

Super Hi International Price Performance

The stock’s fifty day moving average price is $11.12 and its 200-day moving average price is $13.55. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.25 and a current ratio of 2.50. The firm has a market cap of $679.89 million, a PE ratio of 38.72 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.06). The firm had revenue of $218.83 million during the quarter, compared to analyst estimates of $222.80 million. Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. As a group, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

An institutional investor recently raised its stake in Super Hi International stock. XY Capital Ltd grew its holdings in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,303 shares of the company’s stock after buying 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.

Super Hi International Company Profile

Super Hi International Holding Ltd. operates Haidilao hot pot restaurants outside mainland China. Its restaurants offer hot pot meals, with a selection of broth bases, fresh ingredients, dipping sauces and beverages, alongside table service and dining experiences associated with the Haidilao brand. The company traces its roots to Haidilao’s international expansion, which began in Singapore in 2012. Super Hi serves customers across multiple regions, including Asia, North America, Europe and Oceania.