Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped down prior to trading on Tuesday . The stock had previously closed at $14.24, but opened at $13.69. Super Hi International shares last traded at $13.8350, with a volume of 1,136 shares trading hands.

Analyst Upgrades and Downgrades

HDL has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Super Hi International currently has an average rating of “Reduce”.

Super Hi International Trading Down 1.2%

The stock has a market cap of $899.69 million, a PE ratio of 23.06 and a beta of -0.14. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The firm has a fifty day simple moving average of $12.99 and a two-hundred day simple moving average of $14.29.

Institutional Investors Weigh In On Super Hi International

Hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE purchased a new position in Super Hi International in the 4th quarter worth approximately $52,000. XY Capital Ltd grew its position in Super Hi International by 15.9% in the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after acquiring an additional 1,640 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after acquiring an additional 4,457 shares in the last quarter.

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.