Super Hi International (NASDAQ:HDL) Hits New 1-Year Low – Should You Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $13.11 and last traded at $13.74, with a volume of 500 shares changing hands. The stock had previously closed at $14.41.

Wall Street Analyst Weigh In

Several research firms have recently commented on HDL. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 2.15. The stock’s fifty day simple moving average is $14.77 and its 200-day simple moving average is $16.23. The company has a market capitalization of $893.51 million, a P/E ratio of 19.63 and a beta of -0.15.

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

Institutional Investors Weigh In On Super Hi International

Hedge funds have recently bought and sold shares of the company. XY Capital Ltd boosted its holdings in Super Hi International by 11.3% during the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after acquiring an additional 1,348 shares during the period. Jane Street Group LLC boosted its holdings in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after acquiring an additional 4,457 shares during the period. Finally, Bank of America Corp DE bought a new stake in Super Hi International during the fourth quarter valued at about $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.