Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped down before the market opened on Friday . The stock had previously closed at $13.49, but opened at $12.80. Super Hi International shares last traded at $13.3130, with a volume of 111 shares trading hands.

Analysts Set New Price Targets

Several analysts recently weighed in on HDL shares. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report 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 research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Super Hi International Stock Down 1.3%

The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $865.87 million, a P/E ratio of 22.19 and a beta of -0.14. The company has a 50-day moving average of $12.92 and a two-hundred day moving average of $14.53.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). The firm had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%. On average, research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Trading of Super Hi International

A number of hedge funds and other institutional investors have recently modified their holdings of HDL. XY Capital Ltd boosted its stake in Super Hi International by 11.3% during the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after acquiring an additional 1,348 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Super Hi International during the fourth quarter valued at approximately $52,000. Finally, Jane Street Group LLC lifted its holdings 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 valued at $342,000 after purchasing an additional 4,457 shares during the last quarter.

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.