Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s Why

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down before the market opened on Monday. The stock had previously closed at $11.90, but opened at $11.02. Super Hi International shares last traded at $11.1690, with a volume of 6,068 shares.

Analyst Ratings Changes

HDL has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Monday, September 21st. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Super Hi International Trading Down 2.0%

The business’s 50 day moving average price is $12.44 and its 200-day moving average price is $13.14. 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 company has a market cap of $700.70 million, a price-to-earnings ratio of 39.90 and a beta of -0.06.

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

Institutional Trading of Super Hi International

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd lifted its holdings in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. 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 filing with the SEC.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.