Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price reached a new 52-week low on Monday . The stock traded as low as $15.74 and last traded at $15.74, with a volume of 658 shares trading hands. The stock had previously closed at $16.46.

Wall Street Analyst Weigh In

HDL has been the topic of several recent research reports. Zacks Research downgraded shares of Super Hi International from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. Two analysts have rated the stock with a Sell rating, According to MarketBeat.com, Super Hi International presently has a consensus rating of “Sell”.

Super Hi International Stock Down 1.6%

The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 39.35 and a beta of -0.59. The company has a current ratio of 2.53, a quick ratio of 2.27 and a debt-to-equity ratio of 0.47. The firm’s 50 day moving average is $16.64 and its two-hundred day moving average is $17.46.

Hedge Funds Weigh In On Super Hi International

Several institutional investors and hedge funds have recently modified their holdings of the company. 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 worth $342,000 after acquiring an additional 4,457 shares during the period. XY Capital Ltd raised its holdings 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 last quarter. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Super Hi International during the 2nd quarter worth $157,000. Finally, Bank of America Corp DE acquired a new stake in shares of Super Hi International during the fourth quarter worth $52,000.

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.