Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDLGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $13.40, but opened at $12.71. Super Hi International shares last traded at $13.10, with a volume of 1,078 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HDL. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research raised 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 a consensus rating of “Reduce”.

Get Our Latest Research Report on HDL

Super Hi International Stock Performance

The company has a market capitalization of $842.79 million, a P/E ratio of 21.60 and a beta of -0.16. The stock has a fifty day simple moving average of $14.11 and a 200-day simple moving average of $15.84. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45.

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 analysts’ consensus estimates of $0.26 by ($0.16). The company had revenue of $225.93 million for the quarter, compared to the consensus estimate of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. Equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HDL. Bank of America Corp DE bought a new stake in Super Hi International during the 4th quarter worth about $52,000. XY Capital Ltd bought a new stake in Super Hi International during the 3rd quarter worth about $186,000. Finally, Jane Street Group LLC grew its holdings 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 acquiring an additional 4,457 shares during the last quarter.

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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