Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw strong trading volume on Tuesday . 1,587 shares were traded during trading, a decline of 8% from the previous session’s volume of 1,733 shares.The stock last traded at $16.40 and had previously closed at $16.31.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HDL shares. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Super Hi International Stock Up 1.0%

The business has a 50 day moving average of $17.11 and a two-hundred day moving average of $18.30. The stock has a market capitalization of $1.09 billion, a PE ratio of 41.74 and a beta of -0.50. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The firm had revenue of $216.61 million during the quarter, compared to the consensus estimate of $228.41 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%. Analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current year.

Institutional Investors Weigh In On Super Hi International

A number of hedge funds and other institutional investors have recently bought and sold shares of HDL. Bank of America Corp DE acquired a new stake in Super Hi International in the fourth quarter valued at approximately $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Super Hi International during the 2nd quarter valued at $157,000. Finally, XY Capital Ltd acquired a new stake in shares of Super Hi International in the 3rd quarter worth $186,000.

About Super Hi International

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.