Super Hi International (NASDAQ:HDL) Stock Price Down 5.2% – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price dropped 5.2% on Wednesday . The stock traded as low as $12.74 and last traded at $13.01. Approximately 190 shares were traded during trading, a decline of 90% from the average daily volume of 1,990 shares. The stock had previously closed at $13.73.

Wall Street Analysts Forecast Growth

HDL has been the topic of several analyst reports. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research note 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 company’s stock. According to data from MarketBeat.com, Super Hi International has an average rating of “Reduce”.

Super Hi International Trading Down 1.4%

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The stock has a market capitalization of $840.51 million, a PE ratio of 21.54 and a beta of -0.16. The stock’s 50 day simple moving average is $13.92 and its two-hundred day simple moving average is $15.62.

Super Hi International (NASDAQ:HDL) last released its 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 company had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. On average, sell-side analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Trading of Super Hi International

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE bought a new stake in shares of Super Hi International in the fourth quarter valued at approximately $52,000. XY Capital Ltd bought a new stake in shares of Super Hi International in the third quarter valued at approximately $186,000. Finally, Jane Street Group LLC raised its position in shares of Super Hi International by 26.5% in the fourth 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 period.

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.