Super Hi International (NASDAQ:HDL) Reaches New 12-Month Low – Here’s Why

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) shares reached a new 52-week low on Friday . The company traded as low as $12.98 and last traded at $13.1070, with a volume of 1203 shares traded. The stock had previously closed at $13.40.

Analysts Set New Price Targets

HDL has been the topic of a number of recent research reports. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Super Hi International Stock Down 2.3%

The stock has a market capitalization of $850.98 million, a price-to-earnings ratio of 21.81 and a beta of -0.16. The business’s 50-day moving average is $14.11 and its two-hundred day moving average is $15.85. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The business had revenue of $225.93 million for the quarter, compared to analyst estimates of $215.58 million. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%. Equities analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

Several institutional investors and hedge funds have recently bought and sold shares of HDL. XY Capital Ltd acquired a new position in Super Hi International in the 3rd quarter valued at about $186,000. Jane Street Group LLC boosted its holdings in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in Super Hi International in the 4th quarter valued at about $52,000.

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.