Haidilao International (OTCMKTS:HDALF) Shares Down 3.7%

Shares of Haidilao International Holding Ltd. (OTCMKTS:HDALFGet Rating) traded down 3.7% on Monday . The stock traded as low as $2.06 and last traded at $2.06. 100 shares traded hands during trading, a decline of 90% from the average session volume of 981 shares. The stock had previously closed at $2.14.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. HSBC upgraded Haidilao International from a “reduce” rating to a “hold” rating in a research report on Friday, March 25th. Citigroup upgraded Haidilao International from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 29th. Finally, The Goldman Sachs Group cut Haidilao International from a “neutral” rating to a “sell” rating in a research report on Wednesday, April 27th.

Haidilao International Price Performance

The stock has a 50-day moving average price of $2.02 and a 200 day moving average price of $2.02.

Haidilao International Company Profile

(Get Rating)

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant chain operation and delivery businesses. It operates a Haidilao branded Chinese cuisine restaurant that focuses on hot pot cuisine. The company is also involved in the sale of condiment products and food ingredients; logistics and wholesale trade activities; management consultation; financial management; provision of food research, development, and technology services; and trading businesses.

See Also

Receive News & Ratings for Haidilao International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haidilao International and related companies with MarketBeat.com's FREE daily email newsletter.