Super Hi International (NASDAQ:HDL) Shares Gap Up – Time to Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $13.41, but opened at $14.50. Super Hi International shares last traded at $14.7040, with a volume of 3,980 shares trading hands.

Wall Street Analyst Weigh In

HDL has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Super Hi International Trading Up 2.8%

The stock has a fifty day moving average of $14.83 and a 200 day moving average of $16.26. The company has a market capitalization of $963.74 million, a P/E ratio of 21.17 and a beta of -0.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 2.41.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Wednesday, April 1st. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.09). Super Hi International had a return on equity of 9.61% and a net margin of 4.33%.The company had revenue of $229.97 million during the quarter, compared to the consensus estimate of $239.27 million. As a group, equities research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new position in Super Hi International in the 4th quarter worth $52,000. XY Capital Ltd bought a new position in Super Hi International in the 3rd quarter worth $186,000. Finally, Jane Street Group LLC raised its holdings in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares during the period.

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.