Super Hi International (NASDAQ:HDL) Sees Strong Trading Volume – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw an uptick in trading volume on Friday . 1,185 shares changed hands during trading, a decline of 15% from the previous session’s volume of 1,401 shares.The stock last traded at $18.1250 and had previously closed at $18.00.

Analysts Set New Price Targets

HDL has been the topic of several recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, October 8th. 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. Based on data from MarketBeat, Super Hi International presently has an average rating of “Reduce”.

Super Hi International Price Performance

The company has a market cap of $1.18 billion, a price-to-earnings ratio of 45.31 and a beta of -0.62. The company has a 50-day simple moving average of $17.84 and a 200-day simple moving average of $19.05. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. The business had revenue of $216.61 million during the quarter, compared to analysts’ expectations of $228.41 million. As a group, research 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

A number of large investors have recently made changes to their positions in the stock. XY Capital Ltd acquired a new stake in shares of Super Hi International in the third quarter valued at about $186,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Super Hi International during 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.