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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-high trading volume on Friday . Approximately 5,213 shares were traded during mid-day trading, an increase of 217% from the previous session’s volume of 1,646 shares.The stock last traded at $17.3550 and had previously closed at $17.30.

Analysts Set New Price Targets

Several equities analysts have recently commented on HDL shares. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a market cap of $1.12 billion, a P/E ratio of 43.25 and a beta of -0.62. 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 business has a 50-day moving average of $17.75 and a two-hundred day moving average of $18.91.

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

Institutional Trading of Super Hi International

A number of institutional investors have recently modified their holdings of the business. XY Capital Ltd purchased a new position in Super Hi International in the third quarter worth $186,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Super Hi International during the second quarter worth about $157,000. Finally, Bank of America Corp DE acquired a new position in Super Hi International during the fourth quarter worth about $52,000.

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.