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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDLGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 1,177 shares traded hands during mid-day trading, a decline of 37% from the previous session’s volume of 1,877 shares.The stock last traded at $12.85 and had previously closed at $12.33.

Analyst Ratings Changes

HDL has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research lowered shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on Super Hi International

Super Hi International Stock Up 0.9%

The company has a market capitalization of $831.08 million, a PE ratio of 21.30 and a beta of -0.10. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average of $13.09 and a two-hundred day moving average of $14.87.

Super Hi International (NASDAQ:HDLGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.16). The company had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. Equities research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE purchased a new position in shares of Super Hi International in the fourth quarter valued at approximately $52,000. XY Capital Ltd increased its stake in Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after buying an additional 1,640 shares during the period. Finally, Jane Street Group LLC increased its stake in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the period.

Super Hi International Company Profile

(Get Free Report)

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.

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