Super Hi International (NASDAQ:HDL) Shares Up 9% – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price traded up 9% during mid-day trading on Wednesday . The company traded as high as $18.97 and last traded at $21.01. 304 shares traded hands during trading, a decline of 99% from the average session volume of 26,593 shares. The stock had previously closed at $19.27.

Super Hi International Trading Down 4.6 %

The firm has a market capitalization of $1.20 billion and a PE ratio of 61.28. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. The company has a fifty day moving average of $24.13 and a 200-day moving average of $22.07.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.37). The company had revenue of $208.76 million during the quarter, compared to analyst estimates of $212.06 million. On average, sell-side analysts anticipate that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership bought a new position in shares of Super Hi International in the fourth quarter worth about $278,000. Jane Street Group LLC bought a new position in Super Hi International in the 4th quarter worth approximately $295,000. Finally, Bank of America Corp DE acquired a new position in shares of Super Hi International during the fourth quarter worth approximately $52,000.

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.