Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDLGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $12.78, but opened at $13.49. Super Hi International shares last traded at $13.62, with a volume of 2,083 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HDL shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research cut shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Analysis on Super Hi International

Super Hi International Stock Performance

The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The firm’s 50-day simple moving average is $13.09 and its 200-day simple moving average is $14.87. The company has a market capitalization of $879.79 million, a PE ratio of 22.55 and a beta of -0.10.

Super Hi International (NASDAQ:HDLGet Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). The firm had revenue of $225.93 million during 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%. On average, research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Trading of Super Hi International

Hedge funds and other institutional investors have recently made changes to their positions in the business. XY Capital Ltd grew its stake in shares of Super Hi International by 11.3% during the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after acquiring an additional 1,348 shares during the last quarter. Jane Street Group LLC grew its stake in shares of 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 purchasing an additional 4,457 shares during the period. Finally, Bank of America Corp DE purchased a new position in shares of Super Hi International in the 4th quarter valued at about $52,000.

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.

Featured Articles

Receive News & Ratings for Super Hi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Hi International and related companies with MarketBeat.com's FREE daily email newsletter.