Super Hi International (NASDAQ:HDL) Trading Up 9.2% – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDLGet Free Report) rose 9.2% during trading on Tuesday . The company traded as high as $14.00 and last traded at $15.00. Approximately 575 shares were traded during trading, a decline of 71% from the average daily volume of 1,971 shares. The stock had previously closed at $13.74.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on HDL shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Get Our Latest Report on HDL

Super Hi International Trading Up 9.2%

The company has a current ratio of 2.41, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average price of $14.72 and a two-hundred day moving average price of $16.21. The firm has a market capitalization of $975.45 million, a price-to-earnings ratio of 21.43 and a beta of -0.15.

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HDL. XY Capital Ltd increased its holdings in Super Hi International by 11.3% in the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after purchasing an additional 1,348 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Super Hi International by 26.5% in 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 in the last quarter. Finally, Bank of America Corp DE purchased a new position in Super Hi International in the fourth quarter valued at $52,000.

About Super Hi International

(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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