Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up prior to trading on Tuesday . The stock had previously closed at $12.80, but opened at $13.38. Super Hi International shares last traded at $13.3750, with a volume of 213 shares changing hands.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Super Hi International has a consensus rating of “Reduce”.

Super Hi International Stock Up 3.5%

The firm’s fifty day simple moving average is $12.90 and its 200 day simple moving average is $14.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The stock has a market capitalization of $861.71 million, a price-to-earnings ratio of 22.09 and a beta of -0.14.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HDL. XY Capital Ltd increased its holdings in Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after buying an additional 1,640 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Super Hi International by 26.5% during 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 in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of Super Hi International during the 4th quarter worth approximately $52,000.

About Super Hi International

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.