Super Hi International (NASDAQ:HDL) Stock Price Down 6.7% – What’s Next?

by · The Markets Daily

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL – Get Free Report)’s share price dropped 6.7% during mid-day trading on Tuesday . The stock traded as low as $17.26 and last traded at $17.10. Approximately 5,221 shares changed hands during trading, an increase of 289% from the average daily volume of 1,341 shares. The stock had previously closed at $18.32.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HDL. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

View Our Latest Stock Report on HDL

Super Hi International Trading Up 0.3%

The business’s 50-day simple moving average is $17.75 and its two-hundred day simple moving average is $18.91. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 43.25 and a beta of -0.62. The company has a quick ratio of 2.27, a current ratio of 2.53 and a debt-to-equity ratio of 0.47.

Super Hi International (NASDAQ:HDL – Get Free Report) last released 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). Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.The firm had revenue of $216.61 million for the quarter, compared to analyst estimates of $228.41 million. Equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. XY Capital Ltd acquired a new stake in Super Hi International during the 3rd quarter worth approximately $186,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Super Hi International during the second quarter worth $157,000. Finally, Bank of America Corp DE acquired a new stake in shares of Super Hi International in the fourth quarter valued at $52,000.

Super Hi International Company Profile

(Get Free Report)

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.

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