Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped down before the market opened on Tuesday . The stock had previously closed at $13.73, but opened at $12.77. Super Hi International shares last traded at $13.0010, with a volume of 3,815 shares.

Analysts Set New Price Targets

A number of research firms have weighed in on HDL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Super Hi International has an average rating of “Reduce”.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The company’s 50 day moving average price is $13.88 and its 200 day moving average price is $15.59. The company has a market cap of $839.21 million, a price-to-earnings ratio of 21.51 and a beta of -0.16.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The firm had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. On average, equities research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares in the last quarter. XY Capital Ltd raised its holdings in shares of Super Hi International by 11.3% in the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after buying an additional 1,348 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in shares of Super Hi International in the fourth quarter valued at about $52,000.

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.