Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-strong trading volume on Monday . Approximately 1,808 shares were traded during trading, a decline of 7% from the previous session’s volume of 1,944 shares.The stock last traded at $16.3690 and had previously closed at $16.01.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HDL shares. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Super Hi International in a research note on Tuesday, December 23rd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Super Hi International has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The firm has a market cap of $1.06 billion, a PE ratio of 40.72 and a beta of -0.50. The business has a 50-day simple moving average of $17.02 and a 200 day simple moving average of $18.22.

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

Hedge Funds Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in HDL. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International in the 2nd quarter worth approximately $157,000. Bank of America Corp DE bought a new stake in shares of Super Hi International during the fourth quarter valued at approximately $52,000. Finally, XY Capital Ltd purchased a new position in shares of Super Hi International in the third quarter worth $186,000.

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.