Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – Here’s Why
by Tristan Rich · The Markets DailyShares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 1,587 shares were traded during trading, a decline of 8% from the previous session’s volume of 1,733 shares.The stock last traded at $16.40 and had previously closed at $16.31.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on HDL shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.
View Our Latest Research Report on Super Hi International
Super Hi International Stock Performance
The firm has a market capitalization of $1.09 billion, a PE ratio of 41.74 and a beta of -0.50. The business has a 50-day simple moving average of $17.11 and a 200-day simple moving average of $18.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27.
Super Hi International (NASDAQ:HDL – Get Free Report) last released its earnings results on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.10). The company had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. Equities research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.
Institutional Trading of Super Hi International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new stake in shares of Super Hi International in the fourth quarter worth approximately $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International in the 2nd quarter worth about $157,000. Finally, XY Capital Ltd bought a new stake in Super Hi International during the 3rd quarter valued at about $186,000.
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.