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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Monday . The stock had previously closed at $16.58, but opened at $15.90. Super Hi International shares last traded at $16.02, with a volume of 661 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports 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 raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Super Hi International has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a market cap of $1.06 billion, a P/E ratio of 40.84 and a beta of -0.50. The stock’s 50-day moving average price is $17.16 and its 200-day moving average price is $18.38. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $216.61 million during the quarter, compared to analyst estimates of $228.41 million. Equities analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in shares of Super Hi International during the 4th quarter worth $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Super Hi International in the second quarter valued at about $157,000. Finally, XY Capital Ltd bought a new stake in Super Hi International during the third quarter worth about $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.