Super Hi International (NASDAQ:HDL) Sees Strong Trading Volume – Should You Buy?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares saw unusually-high trading volume on Friday . Approximately 1,185 shares were traded during trading, a decline of 15% from the previous session’s volume of 1,401 shares.The stock last traded at $18.1250 and had previously closed at $18.00.

Wall Street Analyst Weigh In

A number of research firms have commented on HDL. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, October 8th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Super Hi International Stock Performance

The company has a market capitalization of $1.18 billion, a PE ratio of 45.31 and a beta of -0.62. The stock’s fifty day simple moving average is $17.84 and its 200-day simple moving average is $19.05. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Wednesday, November 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The firm had revenue of $216.61 million for the quarter, compared to analysts’ expectations of $228.41 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%. As a group, equities analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE acquired a new stake in shares of Super Hi International during the fourth quarter worth $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International during the second quarter worth about $157,000. Finally, XY Capital Ltd purchased a new position in Super Hi International during the third quarter worth about $186,000.

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.