Super Hi International (NASDAQ:HDL) Hits New 12-Month Low – Should You Sell?
by Danessa Lincoln · The Markets DailySuper Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL – Get Free Report) hit a new 52-week low on Friday . The company traded as low as $16.30 and last traded at $16.35, with a volume of 208 shares traded. The stock had previously closed at $16.58.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.
Read Our Latest Stock Report on Super Hi International
Super Hi International Price Performance
The company has a fifty day moving average of $17.49 and a 200 day moving average of $18.70. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The firm has a market capitalization of $1.06 billion, a P/E ratio of 40.88 and a beta of -0.62.
Super Hi International (NASDAQ:HDL – Get Free Report) last posted its quarterly earnings results on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The company had revenue of $216.61 million during the quarter, compared to analyst estimates of $228.41 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%. Sell-side analysts predict 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
Several institutional investors have recently modified their holdings of HDL. XY Capital Ltd bought a new position in Super Hi International in the 3rd quarter valued at $186,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Super Hi International in the second quarter worth about $157,000. Finally, Bank of America Corp DE purchased a new position in Super Hi International in the fourth quarter valued at about $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.