Super Hi International (NASDAQ:HDL) Stock Price Up 9.2% – Should You Buy?

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

Analyst Ratings Changes

HDL has been the subject of several analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

Super Hi International Price Performance

The stock has a market capitalization of $975.45 million, a price-to-earnings ratio of 21.43 and a beta of -0.15. 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 company’s 50 day moving average is $14.72 and its 200 day moving average is $16.21.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Wednesday, April 1st. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.09). The firm had revenue of $229.97 million during the quarter, compared to analyst estimates of $239.27 million. Super Hi International had a net margin of 4.33% and a return on equity of 9.61%. Research analysts anticipate 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

A number of institutional investors have recently modified their holdings of HDL. XY Capital Ltd acquired a new position in Super Hi International during the 3rd quarter worth approximately $186,000. Jane Street Group LLC lifted its holdings in Super Hi International by 26.5% in the fourth 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. Finally, Bank of America Corp DE acquired a new position in Super Hi International during the fourth quarter worth about $52,000.

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.