Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $27.50, but opened at $26.42. Super Hi International shares last traded at $26.48, with a volume of 1,252 shares changing hands.

Super Hi International Price Performance

The company has a fifty day simple moving average of $24.54 and a 200-day simple moving average of $21.25. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On Super Hi International

Large investors have recently made changes to their positions in the business. Bank of America Corp DE purchased a new position in shares of Super Hi International in the fourth quarter valued at about $52,000. Jane Street Group LLC purchased a new position in shares of Super Hi International in the fourth quarter valued at about $295,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Super Hi International in the fourth quarter valued at about $278,000.

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.