Super Hi International (NASDAQ:HDL) Trading 5.5% Higher – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDL) traded up 5.5% during mid-day trading on Wednesday . The company traded as high as $23.37 and last traded at $24.76. 1,216 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 12,861 shares. The stock had previously closed at $23.46.

Super Hi International Trading Up 7.2 %

The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44. The business’s fifty day moving average price is $24.25 and its two-hundred day moving average price is $18.92.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Monday, November 25th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.48. On average, research analysts expect that Super Hi International Holding Ltd. will post 0.67 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

Institutional investors and hedge funds have recently bought and sold shares of the stock. XY Capital Ltd acquired a new stake in Super Hi International during the third quarter worth $658,000. Ghisallo Capital Management LLC acquired a new position in Super Hi International in the second quarter worth about $689,000. Finally, Millennium Management LLC bought a new position in Super Hi International during the second quarter worth about $4,704,000.

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.