Super Hi International (NASDAQ:HDL) Sets New 12-Month Low – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) hit a new 52-week low on Thursday. The company traded as low as $10.20 and last traded at $10.1010, with a volume of 154 shares trading hands. The stock had previously closed at $10.24.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Monday, September 21st. One 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, the company currently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a market capitalization of $656.80 million, a price-to-earnings ratio of 37.41 and a beta of -0.06. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The stock’s fifty day simple moving average is $12.12 and its 200-day simple moving average is $12.97.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). The business had revenue of $218.83 million during the quarter, compared to analysts’ expectations of $222.80 million. Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. Analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Trading of Super Hi International

A hedge fund recently raised its stake in Super Hi International stock. XY Capital Ltd lifted its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.