Super Hi International (NASDAQ:HDL) Shares Gap Up – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up prior to trading on Friday . The stock had previously closed at $14.16, but opened at $15.49. Super Hi International shares last traded at $14.90, with a volume of 1,621 shares trading hands.

Analyst Ratings Changes

HDL has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research cut Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, Super Hi International presently has a consensus rating of “Sell”.

Super Hi International Stock Performance

The company has a market cap of $954.97 million and a PE ratio of 20.98. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 2.41. The stock’s 50-day simple moving average is $15.90 and its 200 day simple moving average is $16.76.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Wednesday, April 1st. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.09). The firm 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 9.61% and a net margin of 4.33%. As a group, equities analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

A number of large investors have recently modified their holdings of HDL. Bank of America Corp DE purchased a new position in Super Hi International in the fourth quarter worth $52,000. XY Capital Ltd acquired a new position in shares of Super Hi International during the 3rd quarter worth $186,000. Finally, Jane Street Group LLC increased its holdings in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares in the last quarter.

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.