Super Hi International (NASDAQ:HDL) Shares Gap Down – Should You Sell?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Monday . The stock had previously closed at $13.40, but opened at $12.71. Super Hi International shares last traded at $13.10, with a volume of 1,078 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HDL. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The firm has a market cap of $851.24 million, a price-to-earnings ratio of 21.82 and a beta of -0.16. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The company has a 50 day moving average of $14.04 and a 200 day moving average of $15.78.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (EPS) 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 business had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. As a group, equities research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. XY Capital Ltd grew its holdings in Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after acquiring an additional 1,348 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Super Hi International by 26.5% during 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 bought a new position in shares of Super Hi International during the fourth quarter worth 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.