Super Hi International (NASDAQ:HDL) Sets New 1-Year Low – Here’s What Happened

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.15 and last traded at $14.94, with a volume of 775 shares traded. The stock had previously closed at $15.99.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HDL. Weiss Ratings restated a “sell (d+)” rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research downgraded Super Hi International from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Super Hi International Trading Down 1.4%

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 business’s 50-day moving average is $16.57 and its two-hundred day moving average is $17.33. The firm has a market cap of $971.81 million, a P/E ratio of 37.36 and a beta of -0.59.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HDL. XY Capital Ltd raised its stake in Super Hi International by 15.9% in the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after acquiring an additional 1,640 shares during the period. Bank of America Corp DE bought a new position in Super Hi International during the fourth quarter worth $52,000. Jane Street Group LLC grew its stake in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying an additional 4,457 shares during the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Super Hi International during the second quarter worth approximately $157,000.

About Super Hi International

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.