Super Hi International (NASDAQ:HDL) Sees Large Volume Increase – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-high trading volume on Tuesday . Approximately 4,857 shares traded hands during mid-day trading, an increase of 272% from the previous session’s volume of 1,304 shares.The stock last traded at $16.25 and had previously closed at $15.83.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Super Hi International Stock Up 0.4%

The firm’s 50-day simple moving average is $17.14 and its 200 day simple moving average is $18.36. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53. The company has a market capitalization of $1.06 billion, a PE ratio of 40.78 and a beta of -0.50.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings data on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.The company had revenue of $216.61 million for the quarter, compared to analysts’ expectations of $228.41 million. As a group, equities research analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

Hedge funds have recently bought and sold shares of the company. XY Capital Ltd acquired a new position in Super Hi International during the third quarter worth $186,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Super Hi International in the second quarter valued at $157,000. Finally, Bank of America Corp DE acquired a new position in shares of Super Hi International during the 4th quarter worth $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.