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

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Monday . The stock had previously closed at $16.58, but opened at $15.90. Super Hi International shares last traded at $16.02, with a volume of 661 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on HDL shares. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Super Hi International in a research note on Tuesday, December 23rd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Super Hi International Price Performance

The company has a market cap of $1.05 billion, a price-to-earnings ratio of 40.20 and a beta of -0.50. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53. The company’s 50 day moving average price is $17.21 and its 200 day moving average price is $18.44.

Super Hi International (NASDAQ:HDL) last released 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 during the quarter, compared to analyst estimates of $228.41 million. Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. On average, equities research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Several institutional investors have recently bought and sold shares of HDL. Bank of America Corp DE bought a new stake in Super Hi International during the 4th quarter worth about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Super Hi International during the second quarter worth approximately $157,000. Finally, XY Capital Ltd acquired a new position in Super Hi International in the third quarter valued at approximately $186,000.

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.