Super Hi International (NASDAQ:HDL) Sets New 12-Month Low – What’s Next?
by Amy Steele · The Cerbat GemSuper Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $14.11 and last traded at $14.25, with a volume of 2463 shares trading hands. The stock had previously closed at $14.20.
Wall Street Analysts Forecast Growth
HDL has been the subject of several research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research downgraded shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on HDL
Super Hi International Stock Down 1.6%
The firm has a market cap of $908.47 million and a price-to-earnings ratio of 19.96. The firm’s 50 day moving average price is $15.83 and its two-hundred day moving average price is $16.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 2.15.
Super Hi International (NASDAQ:HDL – Get Free Report) last announced its earnings results on Wednesday, April 1st. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.09). Super Hi International had a return on equity of 9.61% and a net margin of 4.33%.The business had revenue of $229.97 million for the quarter, compared to analyst estimates of $239.27 million. As a group, sell-side analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.76 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in HDL. Bank of America Corp DE purchased a new position in Super Hi International during the fourth quarter worth about $52,000. XY Capital Ltd purchased a new position in Super Hi International during the third quarter worth about $186,000. Finally, Jane Street Group LLC raised its holdings in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares in the last quarter.
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.