Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-high trading volume on Thursday . Approximately 1,481 shares were traded during mid-day trading, a decline of 15% from the previous session’s volume of 1,751 shares.The stock last traded at $13.6950 and had previously closed at $13.25.

Wall Street Analyst Weigh In

Several equities analysts recently commented on HDL shares. Zacks Research downgraded Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Super Hi International currently has a consensus rating of “Sell”.

Super Hi International Stock Performance

The firm has a market capitalization of $900.67 million, a PE ratio of 23.08 and a beta of -0.10. 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 company’s fifty day simple moving average is $12.94 and its 200 day simple moving average is $14.65.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE purchased a new position in Super Hi International in the 4th quarter valued at approximately $52,000. XY Capital Ltd lifted its position in shares of Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after acquiring an additional 1,640 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after acquiring 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.