Super Hi International (NASDAQ:HDL) Stock Price Down 9.7% – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) were down 9.7% during trading on Tuesday. The company traded as low as $11.00 and last traded at $10.7510. 507 shares were traded during mid-day trading, a decline of 69% from the average session volume of 1,645 shares. The stock had previously closed at $11.90.

Analysts Set New Price Targets

A number of research firms have weighed in on HDL. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Monday, September 21st. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Super Hi International currently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The firm has a fifty day moving average price of $12.49 and a 200 day moving average price of $13.17. The firm has a market cap of $715.66 million, a PE ratio of 40.76 and a beta of -0.06.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The firm had revenue of $218.83 million for the quarter, compared to analyst estimates of $222.80 million. As a group, equities research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd boosted its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.