Super Hi International (NASDAQ:HDL) Shares Gap Up – Still a Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up prior to trading on Thursday . The stock had previously closed at $16.70, but opened at $17.35. Super Hi International shares last traded at $17.3590, with a volume of 3,290 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, October 8th. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The company’s 50-day moving average price is $17.76 and its 200-day moving average price is $18.92. The company has a market cap of $1.13 billion, a P/E ratio of 43.40 and a beta of -0.62.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $216.61 million for the quarter, compared to analyst estimates of $228.41 million. As a group, sell-side analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE acquired a new position in shares of Super Hi International during the 4th quarter worth about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Super Hi International in the second quarter valued at approximately $157,000. Finally, XY Capital Ltd bought a new stake in shares of Super Hi International during the 3rd quarter worth approximately $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.