Super Hi International (NASDAQ:HDL) Shares Gap Up – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up before the market opened on Tuesday . The stock had previously closed at $12.80, but opened at $13.38. Super Hi International shares last traded at $13.3750, with a volume of 213 shares.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. 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 MarketBeat.com, the stock has an average rating of “Reduce”.

Super Hi International Stock 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 company has a market cap of $862.30 million, a price-to-earnings ratio of 22.10 and a beta of -0.14. The firm has a 50 day simple moving average of $12.89 and a 200-day simple moving average of $14.43.

Super Hi International (NASDAQ:HDL) last announced its quarterly 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). The business had revenue of $225.93 million during the quarter, compared to analyst estimates of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. As a group, analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HDL. XY Capital Ltd raised its stake in shares of 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 acquiring an additional 1,348 shares during the period. Bank of America Corp DE acquired a new stake in Super Hi International in the 4th quarter valued at approximately $52,000. Finally, Jane Street Group LLC raised its position 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 purchasing an additional 4,457 shares during the period.

About Super Hi International

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.