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

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw strong trading volume on Wednesday. 4,196 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 1,651 shares. The stock last traded at $10.4150 and had previously closed at $10.22.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Super Hi International Stock Down 0.4%

The company has a quick ratio of 2.25, a current ratio of 2.50 and a debt-to-equity ratio of 0.47. The company’s fifty day simple moving average is $12.18 and its 200 day simple moving average is $13.00. The firm has a market capitalization of $662.59 million, a PE ratio of 37.74 and a beta of -0.06.

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

Institutional Inflows and Outflows

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd increased its position in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 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.