Super Hi International (NASDAQ:HDL) Sees Large Volume Increase – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares saw unusually-strong trading volume on Tuesday . Approximately 4,857 shares changed hands during trading, an increase of 272% from the previous session’s volume of 1,304 shares.The stock last traded at $16.25 and had previously closed at $15.83.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One investment 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 market capitalization of $1.04 billion, a PE ratio of 40.01 and a beta of -0.50. The firm has a 50-day moving average of $17.19 and a two-hundred day moving average of $18.41. 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. Research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HDL. XY Capital Ltd acquired a new stake in shares of Super Hi International during the 3rd quarter valued at about $186,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International during the second quarter worth approximately $157,000. Finally, Bank of America Corp DE acquired a new stake in Super Hi International in the fourth quarter valued at approximately $52,000.

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.