Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-high trading volume on Tuesday . Approximately 1,177 shares traded hands during mid-day trading, a decline of 37% from the previous session’s volume of 1,877 shares.The stock last traded at $12.85 and had previously closed at $12.33.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Zacks Research cut Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, Super Hi International presently has a consensus rating of “Sell”.

Super Hi International Stock Up 4.0%

The firm has a market cap of $833.68 million, a price-to-earnings ratio of 21.37 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 firm has a 50 day moving average price of $13.13 and a 200-day moving average price of $14.93.

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

Institutional Trading of Super Hi International

Several institutional investors and hedge funds have recently modified their holdings of HDL. Bank of America Corp DE acquired a new stake in shares of Super Hi International in the fourth quarter valued at approximately $52,000. XY Capital Ltd raised its position in shares of Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after purchasing an additional 1,640 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Super Hi International by 26.5% during the 4th 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 during the last quarter.

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.