Super Hi International (NASDAQ:HDL) Downgraded to “Strong Sell” Rating by Zacks Research

Super Hi International (NASDAQ:HDL) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, Super Hi International currently has an average rating of “Sell”.

Super Hi International Price Performance

Shares of HDL opened at $16.46 on Tuesday. Super Hi International has a 1-year low of $15.83 and a 1-year high of $28.88. The stock has a market cap of $1.07 billion, a PE ratio of 41.15 and a beta of -0.59. The firm has a 50-day simple moving average of $16.65 and a two-hundred day simple moving average of $17.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds and other institutional investors have recently bought and sold shares of HDL. Bank of America Corp DE acquired a new position in Super Hi International in the 4th quarter valued at about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Super Hi International during the second quarter worth about $157,000. XY Capital Ltd acquired a new stake in shares of Super Hi International during the third quarter worth about $186,000. Finally, Jane Street Group LLC boosted 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 purchasing an additional 4,457 shares during the period.

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.