Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $13.40, but opened at $12.71. Super Hi International shares last traded at $13.10, with a volume of 1,078 shares traded.

Analyst Ratings Changes

HDL has been the topic of a number of research analyst reports. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The stock has a market cap of $842.79 million, a P/E ratio of 21.60 and a beta of -0.16. The company’s 50 day simple moving average is $14.11 and its 200 day simple moving average is $15.84.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Friday, May 15th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The firm had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. As a group, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE bought a new position in shares of Super Hi International during the 4th quarter valued at about $52,000. XY Capital Ltd bought a new position in shares of Super Hi International during the 3rd quarter valued at about $186,000. Finally, Jane Street Group LLC lifted its holdings in shares of 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 purchasing an additional 4,457 shares in the last quarter.

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.