Super Hi International (NASDAQ:HDL) Shares Gap Down – Should You Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped down before the market opened on Thursday. The stock had previously closed at $11.69, but opened at $10.68. Super Hi International shares last traded at $11.4250, with a volume of 147 shares trading hands.

Analyst Ratings Changes

Several research firms recently 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 Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Monday, September 21st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Super Hi International Stock Up 5.9%

The company has a market capitalization of $735.49 million, a P/E ratio of 41.89 and a beta of -0.06. The company has a 50-day moving average of $12.73 and a two-hundred day moving average of $13.36. The company has a quick ratio of 2.25, a current ratio of 2.50 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Super Hi International had a return on equity of 2.61% and a net margin of 1.16%.The firm had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. On average, research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Investors Weigh In On Super Hi International

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd lifted its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,955 shares of the company’s stock after purchasing an additional 1,640 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $192,000 as of its most recent filing with the Securities & Exchange Commission.

Super Hi International Company Profile

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.