Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped down prior to trading on Monday . The stock had previously closed at $13.42, but opened at $13.00. Super Hi International shares last traded at $13.2910, with a volume of 271 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Zacks Research lowered Super Hi International from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Two analysts have rated the stock with a Sell rating, According to MarketBeat, Super Hi International currently has a consensus rating of “Sell”.

Super Hi International Stock Up 2.3%

The firm has a fifty day moving average of $13.06 and a 200-day moving average of $14.78. 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 firm has a market cap of $880.18 million, a P/E ratio of 22.56 and a beta of -0.10.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The company had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. On average, equities research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE acquired a new position in Super Hi International during the fourth quarter worth $52,000. XY Capital Ltd grew its position in shares of Super Hi International by 15.9% in the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after acquiring an additional 1,640 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after acquiring an additional 4,457 shares during the period.

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.