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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price gapped up before the market opened on Monday. The stock had previously closed at $10.22, but opened at $11.70. Super Hi International shares last traded at $10.40, with a volume of 273 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HDL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Monday, September 21st. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Trading Up 1.1%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.25 and a current ratio of 2.50. The company has a market capitalization of $672.09 million, a P/E ratio of 38.28 and a beta of -0.06. The company’s fifty day simple moving average is $12.29 and its 200-day simple moving average is $13.05.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) 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 business had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. Research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd lifted its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,303 shares of the company’s stock after acquiring an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.