Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – Time to Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares saw an uptick in trading volume on Thursday . 2,311 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 1,819 shares.The stock last traded at $16.67 and had previously closed at $16.21.

Analysts Set New Price Targets

HDL has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research upgraded 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 company’s stock. According to data from MarketBeat.com, the company 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 stock has a fifty day moving average price of $16.83 and a two-hundred day moving average price of $18.06. The company has a market cap of $1.09 billion, a P/E ratio of 41.74 and a beta of -0.50.

Super Hi International (NASDAQ:HDL) last announced its earnings results 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 net margin of 2.52% and a return on equity of 5.55%. The business had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. On average, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new stake in shares of Super Hi International during the 4th quarter worth about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Super Hi International during the second quarter valued at approximately $157,000. Finally, XY Capital Ltd acquired a new position in shares of Super Hi International during 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.