Super Hi International (NASDAQ:HDL) Sees Large Volume Increase – Time to Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw an uptick in trading volume on Monday . 1,808 shares were traded during trading, a decline of 7% from the previous session’s volume of 1,944 shares.The stock last traded at $16.3690 and had previously closed at $16.01.

Analyst Upgrades and Downgrades

Several research firms have commented on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Super Hi International Price Performance

The firm has a market capitalization of $1.06 billion, a PE ratio of 40.72 and a beta of -0.50. The business has a 50-day moving average of $17.02 and a 200 day moving average of $18.22. The company has a current ratio of 2.53, a quick ratio of 2.27 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last released its earnings results on Wednesday, November 26th. The company reported $0.10 EPS 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 business had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. As a group, research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

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