Super Hi International (NASDAQ:HDL) Shares Gap Up – Time to Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped up before the market opened on Friday . The stock had previously closed at $13.10, but opened at $13.73. Super Hi International shares last traded at $13.3490, with a volume of 1,553 shares.

Wall Street Analyst Weigh In

Several research firms have weighed in on HDL. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The stock has a market cap of $868.09 million, a P/E ratio of 22.25 and a beta of -0.16. The company’s 50 day moving average price is $13.98 and its 200-day moving average price is $15.72.

Super Hi International (NASDAQ:HDL) last posted its earnings results 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). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The firm had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. Equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in Super Hi International during the fourth quarter valued at about $52,000. XY Capital Ltd bought a new position in Super Hi International during the third quarter valued at about $186,000. Finally, Jane Street Group LLC grew its position in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying 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.