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

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) gapped up prior to trading on Friday . The stock had previously closed at $16.68, but opened at $17.31. Super Hi International shares last traded at $17.03, with a volume of 5,186 shares trading hands.

Super Hi International Trading Up 3.1 %

The firm has a 50-day moving average of $16.11. The company has a current ratio of 2.33, a quick ratio of 2.11 and a debt-to-equity ratio of 0.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC acquired a new stake in Super Hi International during the 2nd quarter worth approximately $4,704,000. Hood River Capital Management LLC acquired a new position in shares of Super Hi International in the second quarter valued at approximately $1,060,000. Finally, Ghisallo Capital Management LLC purchased a new stake in shares of Super Hi International during the second quarter worth approximately $689,000.

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.