Super Hi International (NASDAQ:HDL) Stock Price Down 6.7% – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was down 6.7% during trading on Tuesday . The stock traded as low as $17.26 and last traded at $17.10. Approximately 5,221 shares traded hands during mid-day trading, an increase of 289% from the average daily volume of 1,341 shares. The stock had previously closed at $18.32.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HDL. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, October 8th. 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.com, the company presently has a consensus rating of “Reduce”.

Super Hi International Stock Down 2.8%

The stock has a market cap of $1.11 billion, a PE ratio of 42.54 and a beta of -0.62. The business has a 50 day moving average price of $17.81 and a 200 day moving average price of $18.95. The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.The firm had revenue of $216.61 million for the quarter, compared to analyst estimates of $228.41 million. Equities research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

A number of institutional investors have recently modified their holdings of HDL. Bank of America Corp DE purchased a new position in shares of Super Hi International in the 4th quarter valued at about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Super Hi International in the second quarter valued at approximately $157,000. Finally, XY Capital Ltd purchased a new stake in shares of Super Hi International in the third quarter valued at approximately $186,000.

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.