Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares gapped up prior to trading on Thursday. The stock had previously closed at $9.90, but opened at $10.69. Super Hi International shares last traded at $10.4540, with a volume of 207 shares trading hands.

Analysts Set New Price Targets

A number of research firms have commented on HDL. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research note on Monday, September 21st. 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. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a fifty day moving average of $11.12 and a two-hundred day moving average of $13.55. The stock has a market capitalization of $679.89 million, a P/E ratio of 38.72 and a beta of -0.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25.

Super Hi International (NASDAQ:HDL) last released its earnings results on Thursday, August 27th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). The firm had revenue of $218.83 million for the quarter, compared to the consensus estimate of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. On average, equities analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

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

Super Hi International Company Profile

Super Hi International Holding Ltd. operates Haidilao hot pot restaurants outside mainland China. Its restaurants offer hot pot meals, with a selection of broth bases, fresh ingredients, dipping sauces and beverages, alongside table service and dining experiences associated with the Haidilao brand. The company traces its roots to Haidilao’s international expansion, which began in Singapore in 2012. Super Hi serves customers across multiple regions, including Asia, North America, Europe and Oceania.