Super Hi International (NASDAQ:HDL) Trading Up 3.1% – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares traded up 3.1% on Monday . The stock traded as high as $16.40 and last traded at $16.8010. 553 shares changed hands during trading, a decline of 89% from the average session volume of 5,027 shares. The stock had previously closed at $16.30.

Analyst Ratings Changes

HDL has been the topic of several research analyst reports. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce”.

Super Hi International Stock Down 0.8%

The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47. The stock has a 50-day simple moving average of $17.41 and a two-hundred day simple moving average of $18.60. The firm has a market cap of $1.06 billion, a PE ratio of 40.75 and a beta of -0.62.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.10). The firm had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. Analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in HDL. Bank of America Corp DE bought a new position in shares of Super Hi International during the 4th quarter valued at $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Super Hi International during the second quarter valued at about $157,000. Finally, XY Capital Ltd purchased a new position in shares of Super Hi International in the third quarter worth about $186,000.

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.