Super Hi International (NASDAQ:HDL) Shares Gap Up – Time to Buy?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up prior to trading on Monday. The stock had previously closed at $10.22, but opened at $11.70. Super Hi International shares last traded at $10.40, with a volume of 273 shares trading hands.

Analysts Set New Price Targets

A number of brokerages recently commented on HDL. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Super Hi International Price Performance

The stock has a market cap of $705.58 million, a price-to-earnings ratio of 37.89 and a beta of -0.06. The company has a 50 day simple moving average of $12.18 and a 200-day simple moving average of $13.00. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47.

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

Institutional Investors Weigh In On 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% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,303 shares of the company’s stock after buying an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

Super Hi International Company Profile

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.