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

Super Hi International Holding Ltd. (NASDAQ:HDL) shares gapped up prior to trading on Tuesday . The stock had previously closed at $23.29, but opened at $25.00. Super Hi International shares last traded at $24.62, with a volume of 812 shares trading hands.

Super Hi International Stock Performance

The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43. The company’s 50 day simple moving average is $23.33 and its 200 day simple moving average is $18.65.

Hedge Funds Weigh In On Super Hi International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. XY Capital Ltd acquired a new position in Super Hi International in the 3rd quarter valued at $658,000. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International during the second quarter worth about $689,000. Hood River Capital Management LLC acquired a new position in shares of Super Hi International during the second quarter worth about $1,060,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International in the second quarter valued at about $4,704,000.

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.