Super Hi International (NASDAQ:HDL) Hits New 12-Month Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $12.98 and last traded at $13.1070, with a volume of 1203 shares changing hands. The stock had previously closed at $13.40.

Analyst Ratings Changes

Several research analysts have weighed in 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 Friday, May 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $14.15 and a 200 day moving average price of $15.87. The firm has a market capitalization of $850.98 million, a PE ratio of 21.81 and a beta of -0.16.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (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 analysts’ expectations of $215.58 million. Research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HDL. Jane Street Group LLC grew its holdings in shares of 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 purchasing an additional 4,457 shares in the last quarter. Bank of America Corp DE acquired a new stake in Super Hi International during the 4th quarter worth approximately $52,000. Finally, XY Capital Ltd boosted its position in Super Hi International by 11.3% in the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after buying an additional 1,348 shares during the period.

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.