Super Hi International (NASDAQ:HDL) Hits New 1-Year Low – Time to Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low on Wednesday . The stock traded as low as $11.61 and last traded at $11.5510, with a volume of 1248 shares trading hands. The stock had previously closed at $12.00.

Analysts Set New Price Targets

HDL has been the subject of a number of research analyst reports. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Super Hi International Price Performance

The company has a 50-day moving average price of $13.10 and a two-hundred day moving average price of $13.80. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25. The company has a market cap of $751.10 million, a PE ratio of 42.78 and a beta of -0.14.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, August 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The firm had revenue of $218.83 million during the quarter, compared to analyst estimates of $222.80 million. Sell-side analysts expect 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

An institutional investor recently raised its stake in Super Hi International stock. XY Capital Ltd grew its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 15.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,955 shares of the company’s stock after acquiring an additional 1,640 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $192,000 as of its most recent filing with the SEC.

About Super Hi International

Super Hi International Holding Ltd. (NASDAQ: HDL) operates Haidilao hot pot restaurants outside mainland China. The company provides dine-in Chinese hot pot services, allowing customers to select ingredients such as meats, seafood, vegetables, noodles and other items to cook in a shared broth at the table. Its restaurants also offer a range of beverages, desserts and other complementary menu items.

The company’s international business developed from Haidilao’s overseas expansion, which began with a restaurant in Singapore in 2012.