Super Hi International (NASDAQ:HDL) Hits New 1-Year Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares reached a new 52-week low on Thursday . The company traded as low as $12.58 and last traded at $12.7010, with a volume of 1044 shares traded. The stock had previously closed at $13.11.

Analysts Set New Price Targets

HDL has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce”.

Super Hi International Stock Performance

The firm has a market cap of $846.04 million, a price-to-earnings ratio of 21.68 and a beta of -0.16. The stock has a 50 day moving average of $13.88 and a 200 day moving average of $15.59. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. XY Capital Ltd bought a new position in Super Hi International in the third quarter valued at about $186,000. Jane Street Group LLC lifted its stake in shares of Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after acquiring an additional 4,457 shares during the period. Finally, Bank of America Corp DE acquired a new position in shares of Super Hi International in the fourth 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.