Super Hi International (NASDAQ:HDL) Sets New 52-Week Low – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.70 and last traded at $13.10, with a volume of 1372 shares. The stock had previously closed at $13.09.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The stock has a market capitalization of $875.24 million, a price-to-earnings ratio of 22.43 and a beta of -0.16. The stock’s 50 day simple moving average is $13.96 and its 200-day simple moving average is $15.70.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The business had revenue of $225.93 million for the quarter, compared to the consensus estimate of $215.58 million. On average, analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. XY Capital Ltd acquired a new stake in shares of Super Hi International in the third quarter worth $186,000. Jane Street Group LLC grew its stake in 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 buying an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in Super Hi International in the 4th quarter worth $52,000.

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.