Super Hi International (NASDAQ:HDL) Trading Up 3.1% – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price traded up 3.1% during mid-day trading on Monday . The stock traded as high as $16.40 and last traded at $16.8010. 553 shares were traded during mid-day trading, a decline of 89% from the average session volume of 5,027 shares. The stock had previously closed at $16.30.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

Super Hi International Stock Up 3.1%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53. The firm’s 50-day moving average is $17.46 and its 200 day moving average is $18.65. The firm has a market capitalization of $1.09 billion, a PE ratio of 42.01 and a beta of -0.62.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. XY Capital Ltd purchased a new position in Super Hi International in the 3rd quarter valued at about $186,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Super Hi International during the second quarter worth approximately $157,000. Finally, Bank of America Corp DE purchased a new stake in Super Hi International in the 4th quarter worth approximately $52,000.

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.