Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Monday . The stock had previously closed at $18.32, but opened at $17.69. Super Hi International shares last traded at $17.62, with a volume of 753 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HDL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, October 8th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company’s fifty day moving average price is $17.78 and its two-hundred day moving average price is $18.93. The firm has a market capitalization of $1.08 billion, a PE ratio of 41.41 and a beta of -0.62. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE purchased a new stake in Super Hi International during the fourth quarter worth approximately $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Super Hi International during the 2nd quarter worth $157,000. Finally, XY Capital Ltd acquired a new stake in Super Hi International in the 3rd quarter valued at $186,000.

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.