Super Hi International (NASDAQ:HDL) Shares Gap Down – Should You Sell?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $24.41, but opened at $23.68. Super Hi International shares last traded at $23.33, with a volume of 4,714 shares trading hands.

Super Hi International Stock Performance

The company has a 50-day moving average price of $25.69 and a 200-day moving average price of $19.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Monday, November 25th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.48. On average, sell-side analysts predict that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE acquired a new stake in Super Hi International during the fourth quarter worth about $52,000. Arrowstreet Capital Limited Partnership acquired a new stake in Super Hi International during the fourth quarter worth about $278,000. Jane Street Group LLC acquired a new stake in Super Hi International during the fourth quarter worth about $295,000. Finally, XY Capital Ltd acquired a new stake in Super Hi International during the third quarter worth about $658,000.

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.