Super Hi International (NASDAQ:HDL) Trading Up 9.2% – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was up 9.2% on Tuesday . The company traded as high as $14.00 and last traded at $15.00. Approximately 575 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 1,971 shares. The stock had previously closed at $13.74.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on HDL shares. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. 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 data from MarketBeat.com, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Price Performance

The business has a fifty day moving average price of $14.59 and a 200-day moving average price of $16.14. The company has a current ratio of 2.41, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $893.12 million, a PE ratio of 22.92 and a beta of -0.15.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Super Hi International had a return on equity of 7.46% and a net margin of 3.29%.The firm had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE purchased a new position in shares of Super Hi International in the 4th quarter worth about $52,000. XY Capital Ltd purchased a new stake in Super Hi International during the 3rd quarter valued at about $186,000. Finally, Jane Street Group LLC boosted its holdings in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after acquiring 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.