Haidilao International (OTCMKTS:HDALF) Stock Rating Lowered by CLSA

Haidilao International (OTCMKTS:HDALF – Get Rating) was downgraded by CLSA from an “outperform” rating to an “underperform” rating in a research note issued to investors on Wednesday, The Fly reports.

Haidilao International Stock Performance

HDALF stock opened at $2.76 on Wednesday. Haidilao International has a 1-year low of $1.44 and a 1-year high of $3.26. The business’s 50 day moving average is $2.80 and its 200-day moving average is $2.38.

About Haidilao International

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Haidilao International Holding Ltd. operates as an investment holding company. The firm engages in restaurants operation and relevant delivery businesses. It focuses on Chinese cuisine restaurant brand on hot pot cuisine. The company was founded by Li Hai Yan, Shi Yong Hong, Shu Ping and Zhang Young on July 14, 2015 and is headquartered in Beijing, China.