Super Hi International (NASDAQ:HDL) Hits New 1-Year Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $12.58 and last traded at $12.7010, with a volume of 1044 shares. The stock had previously closed at $13.11.

Analysts Set New Price Targets

A number of equities analysts recently commented on HDL shares. Weiss Ratings reaffirmed 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 research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Super Hi International Stock Performance

The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The company has a 50 day simple moving average of $13.88 and a 200-day simple moving average of $15.59. The stock has a market capitalization of $846.04 million, a price-to-earnings ratio of 21.68 and a beta of -0.16.

Super Hi International (NASDAQ:HDL) last issued its quarterly 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 net margin of 3.29% and a return on equity of 7.38%. The business had revenue of $225.93 million during the quarter, compared to analyst estimates of $215.58 million. As a group, equities research analysts expect 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

Several institutional investors have recently added to or reduced their stakes in the business. XY Capital Ltd acquired a new position in shares of Super Hi International during the third quarter worth approximately $186,000. Jane Street Group LLC raised its position in shares of Super Hi International by 26.5% during the fourth 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 acquired a new position in shares of Super Hi International during the fourth quarter worth approximately $52,000.

Super Hi International Company Profile

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.