Super Hi International (NASDAQ:HDL) Sees Strong Trading Volume – What’s Next?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw unusually-high trading volume on Thursday . Approximately 1,481 shares were traded during mid-day trading, a decline of 15% from the previous session’s volume of 1,751 shares.The stock last traded at $13.6950 and had previously closed at $13.25.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Zacks Research cut shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Super Hi International Stock Performance

The firm’s fifty day moving average price is $12.94 and its 200-day moving average price is $14.62. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The firm has a market cap of $860.09 million, a price-to-earnings ratio of 22.04 and a beta of -0.10.

Super Hi International (NASDAQ:HDL) last posted its 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). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The company had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Trading of Super Hi International

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC grew its stake in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the last quarter. Bank of America Corp DE purchased a new stake in Super Hi International in the fourth quarter valued at approximately $52,000. Finally, XY Capital Ltd boosted its holdings in shares of Super Hi International by 15.9% in the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock valued at $192,000 after acquiring an additional 1,640 shares during the period.

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.