Super Hi International (NASDAQ:HDL) Sets New 1-Year Low – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares reached a new 52-week low during trading on Wednesday. The company traded as low as $11.55 and last traded at $11.8240, with a volume of 936 shares. The stock had previously closed at $11.61.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Zacks Research raised 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. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Trading Down 0.3%

The business’s 50 day simple moving average is $12.97 and its 200 day simple moving average is $13.55. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25. The company has a market capitalization of $761.50 million, a price-to-earnings ratio of 43.37 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last announced its earnings results 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). The business had revenue of $218.83 million for the quarter, compared to analyst estimates of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. Research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Inflows and Outflows

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

Super Hi International Company Profile

Super Hi International Holding Ltd. (NASDAQ: HDL) operates Haidilao hot pot restaurants outside mainland China. The company provides dine-in Chinese hot pot services, allowing customers to select ingredients such as meats, seafood, vegetables, noodles and other items to cook in a shared broth at the table. Its restaurants also offer a range of beverages, desserts and other complementary menu items.

The company’s international business developed from Haidilao’s overseas expansion, which began with a restaurant in Singapore in 2012.