Super Hi International (NASDAQ:HDL) Trading Down 6.6% – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDLGet Free Report) shares were down 6.6% during mid-day trading on Monday . The stock traded as low as $18.75 and last traded at $20.61. Approximately 4,262 shares traded hands during trading, a decline of 84% from the average daily volume of 26,777 shares. The stock had previously closed at $22.07.

Super Hi International Price Performance

The stock’s fifty day moving average price is $24.43 and its 200-day moving average price is $22.03. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. The firm has a market cap of $1.29 billion and a PE ratio of 66.17.

Super Hi International (NASDAQ:HDLGet Free Report) last released its earnings results on Tuesday, March 25th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.37). The business had revenue of $208.76 million for the quarter, compared to analyst estimates of $212.06 million. As a group, equities analysts expect that Super Hi International Holding Ltd. will post 0.67 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HDL. Bank of America Corp DE acquired a new position in Super Hi International in the fourth quarter valued at approximately $52,000. Jane Street Group LLC acquired a new position in shares of Super Hi International in the 4th quarter valued at $295,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Super Hi International in the 4th quarter valued at $278,000.

About Super Hi International

(Get Free Report)

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.

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