Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up before the market opened on Monday. The stock had previously closed at $9.74, but opened at $10.49. Super Hi International shares last traded at $10.26, with a volume of 205 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Monday, September 21st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Super Hi International has a consensus rating of “Reduce”.

Super Hi International Price Performance

The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The stock has a fifty day simple moving average of $11.98 and a two-hundred day simple moving average of $12.90. The company has a market cap of $667.21 million, a PE ratio of 38.00 and a beta of -0.06.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). The business had revenue of $218.83 million for the quarter, compared to analysts’ expectations of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. On average, equities analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Super Hi International stock. XY Capital Ltd lifted its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent SEC filing.

Super Hi International Company Profile

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.