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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $16.92, but opened at $16.16. Super Hi International shares last traded at $16.58, with a volume of 681 shares traded.

Analysts Set New Price Targets

Several brokerages have issued reports on HDL. Weiss Ratings reiterated a “sell (d+)” rating on shares of Super Hi International in a research report on Tuesday, December 23rd. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Super Hi International Trading Up 1.4%

The company has a market capitalization of $1.07 billion, a P/E ratio of 41.00 and a beta of -0.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The business’s 50-day moving average price is $16.92 and its two-hundred day moving average price is $18.13.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Wednesday, November 26th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.10). Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.The business had revenue of $216.61 million for the quarter, compared to the consensus estimate of $228.41 million. As a group, analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Several hedge funds have recently made changes to their positions in the business. XY Capital Ltd acquired a new position in Super Hi International during the third quarter worth $186,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Super Hi International during the 2nd quarter worth about $157,000. Finally, Bank of America Corp DE bought a new position in shares of Super Hi International in the 4th quarter valued at about $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.