Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down before the market opened on Tuesday . The stock had previously closed at $14.24, but opened at $13.69. Super Hi International shares last traded at $13.8350, with a volume of 1,136 shares traded.

Wall Street Analysts Forecast Growth

HDL has been the topic of several analyst reports. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Super Hi International currently has an average rating of “Reduce”.

Super Hi International Stock Down 4.5%

The company has a 50-day moving average of $13.03 and a 200-day moving average of $14.26. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $866.52 million, a price-to-earnings ratio of 22.21 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Wednesday, August 26th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The business had revenue of $218.83 million during the quarter, compared to analyst estimates of $222.80 million. On average, equities analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Trading of Super Hi International

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in Super Hi International during the 4th quarter valued at approximately $52,000. XY Capital Ltd lifted its stake in shares of Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after buying an additional 1,640 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the period.

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.