Super Hi International (NASDAQ:HDL) Shares Gap Up – Should You Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $12.78, but opened at $13.49. Super Hi International shares last traded at $13.62, with a volume of 2,083 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HDL shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research downgraded Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat, Super Hi International has an average rating of “Sell”.

Super Hi International Price Performance

The company has a market cap of $845.72 million, a price-to-earnings ratio of 21.68 and a beta of -0.10. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The business has a 50-day moving average price of $13.08 and a 200 day moving average price of $14.84.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $225.93 million for the quarter, compared to analyst estimates of $215.58 million. As a group, research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in shares of 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 acquiring an additional 4,457 shares in the last quarter. Bank of America Corp DE purchased a new position in Super Hi International during the 4th quarter worth approximately $52,000. Finally, XY Capital Ltd raised its stake in Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after purchasing an additional 1,640 shares during the period.

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.