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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped down prior to trading on Thursday . The stock had previously closed at $16.62, but opened at $16.01. Super Hi International shares last traded at $16.49, with a volume of 516 shares.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Weiss Ratings restated 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 report 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. According to data from MarketBeat, Super Hi International presently has an average rating of “Reduce”.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The company has a fifty day moving average of $17.06 and a two-hundred day moving average of $18.27. The stock has a market capitalization of $1.07 billion, a P/E ratio of 41.20 and a beta of -0.50.

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

Institutional Investors Weigh In On Super Hi International

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE acquired a new position in Super Hi International in the fourth quarter valued at approximately $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Super Hi International in the 2nd quarter worth approximately $157,000. Finally, XY Capital Ltd acquired a new position in Super Hi International during the 3rd quarter valued at approximately $186,000.

About Super Hi International

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.