Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low Following Weak Earnings

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price reached a new 52-week low during trading on Wednesday following a dissappointing earnings announcement. The company traded as low as $14.50 and last traded at $14.5060, with a volume of 206 shares trading hands. The stock had previously closed at $14.56.

The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.12). The company had revenue of $229.97 million for the quarter, compared to analyst estimates of $239.27 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.

Analyst Upgrades and Downgrades

HDL has been the subject of a number of research reports. Zacks Research cut Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat, Super Hi International has an average rating of “Sell”.

Hedge Funds Weigh In On Super Hi International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. XY Capital Ltd bought a new position in shares of Super Hi International during the third quarter valued at $186,000. Jane Street Group LLC grew its stake in shares of Super Hi International by 26.5% in the fourth 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. Finally, Bank of America Corp DE acquired a new stake in Super Hi International in the fourth quarter valued at $52,000.

Super Hi International Stock Performance

The firm has a market capitalization of $926.68 million, a P/E ratio of 20.36 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 company has a 50-day moving average of $16.32 and a 200-day moving average of $17.10.

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.